According to the announcement of the reorganization of Hualian General Supermarket, on July 23rd, the company signed the Intention Agreement on Assets Reorganization with Cui Lixin and Beijing Hualian Group, stipulating that the company would purchase 74.8558% of the shares of Shandong Innovation Metal Technology Co., Ltd. (hereinafter referred to as "Innovation Metal") held by five shareholders, including Shandong Innovation Group Co., Ltd., Cui Lixin, Yang Aimei, Geng Hongyu and Wang Wei. At the same time, the company will issue shares to purchase 25. 1443% equity of Innovative Metals held by 20 shareholders including Tianjin _ Qi Enterprise Management Partnership according to its wishes and negotiation.
Data show that the business scope of innovative metals includes processing and selling alloy aluminum and its rolled products, alloy aluminum profiles, machinery and equipment, metal products, casting and forging. This means that if the reorganization is successful, the main business of Hualian Supermarket will change from supermarket to aluminum alloy manufacturing.
At the same time of asset purchase, Hualian Zongchao also intends to sell all assets and liabilities to Beijing Hualian Group or its designated third party. Hualian Zongchao suggested that the above-mentioned asset purchase and disposal are a package transaction, which takes effect at the same time and is a prerequisite for each other. Any content cannot be implemented because it has not been approved by government departments or regulatory agencies, and other items will not be implemented.
This transaction is expected to constitute a major asset reorganization as stipulated in the Measures for the Administration of Major Asset Reorganization of Listed Companies, and it will also constitute a reorganization and listing. This transaction will change the actual controller of Hualian Zongchao from Hainan Cultural Exchange Promotion Association to Cui Lixin.
Tianyancha App shows that Innovation Metal was established in June 2007 +0 1 with a registered capital of more than 400 million yuan and registered in Binzhou, Shandong. Cui Lixin, the actual controller, holds 53.76% equity of Innovation Metal through indirect shareholding. According to media reports, the operating income of Innovative Metals in 20 19 years reached 42.8 billion, making it the third largest enterprise in Binzhou, ranking 198 on the list of "Top 500 Private Enterprises in China".