wsopvideo| Yuyue Medical (002223.SZ): Minuo Medical plans to increase capital and share repurchase
editor 2024-05-19 18:00:01 Home 39
Gelonghui May 19 丨 Yuyue Medical (002223.SZ) announcedwsopvideo, the company holds ordinary shares of Amsino Medical Group Company Limited (hereinafter referred to as "Minuo Medical") 11wsopvideo, 879,809 shares. Based on the overall development plan and business plan of the joint-stock company Minuo Medical and the company, Minuo Medical plans to increase capital and share repurchase matters in the near future. The specific plan is as follows: (1) Minuo Medical plans to issue Class A preferred shares and introduce external subscribers NTSPV18 (A limited liability company incorporated in the Cayman Islands under the Cayman Islands Companies Law, hereinafter referred to as the "Subscriber");(2) After the completion of the capital increase, Minuo Medical plans to repurchase 11,879,809 ordinary shares of Minuo Medical held by Yuyue Medical and 8,629,255 ordinary shares of Minuo Medical held by Jiangsu Yuyue Technology Development Co., Ltd., the controlling shareholder of the company. After the completion of this share repurchase, Yuyue Medical and Yuyue Technology will no longer hold shares in Minuo Medical.
On May 18, 2024, the company's board of directors reviewed and approved the proposal on "Signing Share Repurchase Agreements and Related Transactions with Participating Companies", agreed to this share repurchase, and authorized the company's management to sign the "Share Repurchase Agreement", waive the pre-emptive rights documents, termination agreements and related documents, and go through relevant procedures for matters related to this share repurchase.
Yuyue Technology is the controlling shareholder of the company and one of the shareholders of Minuo Medical. It is a company jointly invested by Minuo Medical and the controlling shareholder. Wu Qun, chairman and general manager of the company, and Zheng Hongzhe, director and deputy general manager of the company, serve as directors of Minuo Medical. According to the "Stock Listing Rules of Shenzhen Stock Exchange", Yuyue Technology and Minuo Medical are related legal persons of the company. This transaction constitutes a connected transaction.
This transaction is based on the company's overall strategic layout and fully considers the overall planning and operating conditions of the joint-stock company Minuo Medical. It helps the company integrate and optimize the allocation of existing resources and enhance the overall competitiveness of the company. It is in line with the company's long-term development plan and conforms to the overall interests of the company and its shareholders. The counterparty exists in accordance with the law and operates normally, has good performance ability, and does not harm the interests of the company and other shareholders, especially minority shareholders.