Summary by Moomoo AI
On 7 February 2024, the Aguilar Group announced the completion of a series of equity and debt transactions involving the sale of Hill US equity and related shareholder loans, and the acquisition of equity and transfer-related shareholder loans. The counterparties to the transaction are Nantong Yaxin and Star Joint Investments, where the transfer of shares in Hill was priced at RMB10,000,000, the Hill loan transfer cost RMB318,807,301; the transfer of shares in BOR was priced at RMB5,000,000 and the transfer cost of RMB196,147,460. In addition, the two sides also signed a debt offsetting agreement, with the net payment of RMB127,659,841 to Nantong Axial through the offset, and after an additional discount of approximately 40%, the actual amount payable is RMB76,595,905. Under the Listing Rules, this transaction constitutes a disclosable transaction. The Board considers that this transaction will help to optimize the Group's assets, enhance liquidity and reallocate resources.