Zhitong Financial App News, Lu Jiazui (600663.SH) announced that the company's application for issuing shares and paying cash to purchase assets and raise matching funds and related party transactions has been examined by the M & A Review Committee of the Shanghai Stock Exchange on June 8, 2023. And on June 29th, 2023, he received the approval issued by the China Securities Regulatory Commission for the registration of Shanghai Lujiazui Financial and Trade Zone Development Co., Ltd. (Securities Regulatory Commission permit (2023) No. 1372).
The company's restructuring plan includes issuing shares and paying cash to purchase assets and raise matching funds. As of the date of this announcement, the underlying assets of this restructuring have been delivered, and 779 million new shares involved in issuing shares to purchase assets have been registered.
After the delivery of the underlying assets of this reorganization, Shanghai Lujiazui Changyi Real Estate Development Co., Ltd. (hereinafter referred to as "Changyi Company"), Shanghai Dongqiang Real Estate Co., Ltd. (hereinafter referred to as "Dongqiang Company"), Shanghai Yaolong Investment Co., Ltd. (hereinafter referred to as "Yaolong Company"), Shanghai Qirong Investment Co., Ltd. (hereinafter referred to as "Qirong Company") become wholly-owned subsidiaries or holding subsidiaries of the company. The development projects of Changyi Company and Dongqiang Company are located in Lujiazui Financial and Trade Zone, while those of Yaolong Company and Qiantan International Business District are located. This transaction is expected to help strengthen and expand the company's main business, so that the company will play a more important role in the development, construction and operation of the Lujiazui City eastward expansion and Qiantan International Business District. It will play a more important role in the development and construction of Shanghai's "one river and one river" and the accelerated construction of Shanghai's international consumer center city, and turn "Lujiazui" into a benchmark brand with higher market influence and leading force.
As of the date of this announcement, the issue of shares to purchase assets has been completed, the company is actively and orderly to promote the raising of supporting funds, related matters are progressing smoothly.