Guangzhou Automobile Group Pfer 100% Equity Of Its Subsidiary Company
In September 26th,
Guangzhou Automobile Group
Transfer the flag on the Guangzhou property exchange with a price of 1 yuan.
Subsidiary
Guangzhou Guangdong long Bus Co., Ltd. 100% stake.
According to the disclosure of trading information,
Yue long bus
It ceased operation in 2008 and no longer has the qualification and conditions for vehicle production.
As of August 31st, the total assets of the company amounted to 80 million 490 thousand yuan, and net assets were negative 86 million 958 thousand and 800 yuan. The main business revenue was 33 thousand and 300 yuan, and the total profit was negative 3 million 760 thousand and 800 yuan.
The requirements of GAC include: the pferee should undertake to repay the bank loan of Guangzhou Guang Yue Asset Management Co., Ltd., which has been reimbursing Yuen Long bus through entrusted loan, and 12 million yuan. It also relieves Guangzhou Guang Yue from providing a guarantee of 22 million 450 thousand yuan for the company through full pledge guarantee.
In addition, due to the fact that Yue long bus still owes 122 million yuan to the bank loan, the pferee must obtain the consent of the creditor bank prior to the pferee's equity.
At the same time, the pferee must agree that the pferee's Automobile Engineering Research Institute will continue to lease the related assets of the target company for three years, and the rental price shall not be higher than the existing rental price.
For the qualification of the pferee, GAC requires that the pferee's registered capital be no less than RMB 15 million yuan, the main business is asset management, disposal and operation, and the time of engaging in the main business is not less than 8 years. If the consortium is not involved in the acquisition, the pferee must have a 100% equity interest of the pferee, and the deposit shall be 10 million yuan.
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