According to TISCO's announcement, the company accepted a judicial ruling to use 20% of the shares of Xinzhou Thermal Power Co., Ltd. held by the executor, Shanxi Xinbang Trading Co., Ltd., to pay off the debt at a price of 165 million yuan to pay off the corresponding purchase price owed by Xinbang Company. It has now completed the registration of the share change. The company has registered as a shareholder of Xinzhou Thermal Power and holds 20% of its shares. Xinzhou Thermal Power is the company's participation in the company, which will not cause changes in the scope of the company's consolidated statements. This time, the debt was settled through judicial procedures. It did not involve the signing of an agreement, did not constitute a related transaction, and did not constitute a major asset restructuring of a listed company.

Zhitongcaijing · 4d ago
According to TISCO's announcement, the company accepted a judicial ruling to use 20% of the shares of Xinzhou Thermal Power Co., Ltd. held by the executor, Shanxi Xinbang Trading Co., Ltd. to pay off the debt at a price of 165 million yuan to pay off the corresponding purchase price owed by Xinbang Company. The company has now completed the registration of the share change. The company has registered as a shareholder of Xinzhou Thermal Power and holds 20% of its shares. Xinzhou Thermal Power is the company's participation in the company, which will not cause changes in the scope of the company's consolidated statements. This time, the debt was settled through judicial procedures. It did not involve the signing of an agreement, did not constitute a related transaction, and did not constitute a major asset restructuring of a listed company.