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Tongyi Low Carbon subsidiary to receive $55.5m investment

March 28, 2025 at 05:35 AM UTC•By FilingReader AI

Tongyi Low Carbon Technology (Xinjiang) Co., Ltd. (SSE:600506) is poised to bolster its position in the new energy sector through a $55.5 million (¥400 million RMB) investment in its subsidiary, Tongyi Petrochemical Co., Ltd., the firm announced, amid a series of related filings. According to the terms of the deal, after completing the investment, PE firm 绍兴柯桥丰厚领途股权投资合伙企业 will acquire a 21.91% stake in the target through a capital increase, the firm indicated in a filing with the Shanghai Stock Exchange.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Beijing Zhongtonghua Asset Appraisal Co., Ltd. "Uni-President Petrochemical Shareholders' Total Equity Appraisal Report"March 27, 2025 at 08:00 AM UTC

Supplementary Source Documents

KPMG Huazhen Accounting Firm's "2023 and 2024 Annual Audit Report of Uni-President Petrochemical"March 27, 2025 at 12:48 PM UTC
Summary of the major asset restructuring report (draft) on the capital increase of a wholly-owned subsidiary of Tongyi Low Carbon Technology (Xinjiang) Co., Ltd.March 27, 2025 at 12:48 PM UTC
Report on the major asset restructuring of the capital increase of a wholly-owned subsidiary of Tongyi Low Carbon Technology (Xinjiang) Co., Ltd. (Draft)March 27, 2025 at 12:48 PM UTC
Independent Financial Advisory Report on Major Asset Restructuring of Hualong Securities Co., Ltd.March 27, 2025 at 12:48 PM UTC
Beijing Zhongtonghua Asset Appraisal Co., Ltd. "Uni-President Petrochemical Shareholders' Total Equity Appraisal Report"March 27, 2025 at 12:31 PM UTC
KPMG Huazhen Accounting Firm's "Review Report on Uni-President Shares' 2024 Pro Forma Consolidated Financial Statements"March 27, 2025 at 12:31 PM UTC
Explanation of the Board of Directors of Tongyi Low Carbon Technology (Xinjiang) Co., Ltd. on the dilution of immediate returns from this transaction and related remedial measuresMarch 27, 2025 at 12:48 PM UTC
General Risk Warning Announcement of Tongyi Low Carbon Technology (Xinjiang) Co., Ltd. on the Major Asset ReorganizationMarch 27, 2025 at 12:31 PM UTC
Xinjiang Korla Pear
SSE:600506•Shanghai Stock Exchange
Agriculture
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