Zhitong Finance App News, Yongding Co., Ltd. (600105.SH) announced that Eastern Superconducting Technology (Suzhou) Co., Ltd. (“Eastern Superconducting”), the holding subsidiary of the company, plans to sign a “debt-for-share agreement” with Societe Generale Guoxin Asset Management Co., Ltd. (“Societe Generale Guoxin”). Societe Generale Guoxin plans to convert RMB 12 million convertible bond loans out of RMB 30 million in Dongfang superconducting convertible bonds to invest RMB 12 million in the Eastern Superconducting Convertible Bonds, according to the pre-valuation of RMB630 million yuan, of which 1.2 million yuan is included in the registered capital of Eastern Superconductivity, and the remaining 10.8 million yuan is included in the Eastern Superconducting Capital Reserve (“current debt-for-share”); at the same time, Societe Generale Guoxin designated its affiliate Suzhou Fuying Superconducting Equity Investment Partnership (limited partnership) (“Suzhou Fuying”) as the shareholder of the debt-for-share conversion and undertakes this portion of the shares and corresponding rights and obligations. After the debt-for-share transfer is completed, Suzhou Fuying will hold 1.8692% of Dongfang Superconducting's shares.

Zhitong Finance App News, Yongding Co., Ltd. (600105.SH) announced that Eastern Superconducting Technology (Suzhou) Co., Ltd. (“Eastern Superconducting”), the holding subsidiary of the company, plans to sign a “debt-for-share agreement” with Societe Generale Guoxin Asset Management Co., Ltd. (“Societe Generale Guoxin”). Societe Generale Guoxin plans to convert RMB 12 million convertible bond loans out of RMB 30 million in Dongfang superconducting convertible bonds to invest RMB 12 million in the Eastern Superconducting Convertible Bonds, according to the pre-valuation of RMB630 million yuan, of which 1.2 million yuan is included in the registered capital of Eastern Superconductivity, and the remaining 10.8 million yuan is included in the Eastern Superconducting Capital Reserve (“current debt-for-share”); at the same time, Societe Generale Guoxin designated its affiliate Suzhou Fuying Superconducting Equity Investment Partnership (limited partnership) (“Suzhou Fuying”) as the shareholder of the debt-for-share conversion and undertakes this portion of the shares and corresponding rights and obligations. After the debt-for-share transfer is completed, Suzhou Fuying will hold 1.8692% of Dongfang Superconducting's shares.