Zhitong Financial APP News, Beixin Building Materials (000786.SZ) announced that the company intends to acquire the control of Gabriel Chemical Group Co., Ltd. (Carberry), and reached a preliminary intention on equity acquisition with a major shareholder of the target company, Shijun (Hong Kong) Limited (Hong Kong Shijun). At the same time, in order to further demonstrate the company's sincerity in acquisition and speed up the related work of due diligence and audit evaluation, the company intends to pay 10 million yuan to the bank account opened in the name of the company and supervised by both parties. On September 20, 2023, the company and Hong Kong Shijun signed the "Memorandum of terms of transaction" and "bona fide Agreement" respectively on the above matters.
At present, this transaction has not yet completed the due diligence, audit, evaluation and other related work of the target company, and the specific matters related to the transaction need to be further discussed, promoted and implemented.