On August 10th, Capital State learned that A-share company Yaxia shares (002375.SZ) outbound investment and related party transactions.
Yasha shares and Hangzhou Yasha Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Yasha Enterprise Management") signed a "Capital contribution Agreement" to jointly invest in the establishment of Zhejiang Yasha Future Construction Technology Co., Ltd. (provisional name, subject to the actual approval of the industrial and commercial registration department, hereinafter referred to as "Future Construction Technology").
The future investment in construction science and technology is 100 million yuan, of which 80 million yuan is subscribed by the company in the form of currency, accounting for 80% of the proportion of investment in future construction science and technology; and 20 million yuan is subscribed by the management of enterprises in Asia and Xiamen. The capital contribution accounts for 20% of the proportion of future construction science and technology investment.
The total capital contribution of Yasha enterprise management is 10 million yuan, of which Zhejiang Yasha Industrial Investment and Development Co., Ltd. (hereinafter referred to as "industrial investment"), a wholly owned subsidiary of the company, is a general partner and subscribes 500000 yuan in currency. The capital contribution accounts for 5% of the capital contribution of Yaxia enterprise management. Ding Zecheng, the current chairman of the company, as a limited partner, subscribed 9.5 million yuan in currency, accounting for 95% of the capital contribution by business management in Asia and Xiamen.
The business management of Asia and Xiamen shall exercise the right of one person, one vote for partners. Except as otherwise stipulated in laws, regulations, rules and the Partnership Agreement of Partnership (Limited Partnership), the resolution shall be passed by more than half of the partners. Therefore, the management of business in Asia and Xiamen is jointly controlled by industrial investment and Ding Zecheng, and Liu Qinglin, the current supervisor of the company, is appointed as the representative of the executive partner of business management in Asia and Xiamen. According to the rules of Stock listing of Shenzhen Stock Exchange, the enterprise management of Yasha is the affiliated legal person of the company, so the joint investment between the company and the enterprise management of Yaxia constitutes a related transaction.
Yasha shares said that after high investment and long-term research and development, the company has formed an exclusive all-industrial interior system in the secondary market, and this investment will set up future construction technology. it will help the company to promote the development strategy of the industrial assembly decoration industry, accelerate the company's industrial assembly decoration market share, enhance the company's sustainable profitability, and promote the high-quality transformation and development of the industry. Consolidate the company's leading position in the industry.