Hui Lyu Ecological Approves Connected Transaction and Assets Purchase Plan
Hui Lyu Ecological held its 4th Extraordinary General Meeting of 2025 on October 15, 2025, to discuss and approve a comprehensive plan for a connected transaction and assets purchase, which includes the purchase of assets through share offering and cash payment, as well as matching fund raising. The meeting covered 23 key points, including the overall plan for the transaction, stock type, listing place, issuing targets, and pricing basis. The company aims to comply with relevant laws and regulations, particularly Articles 11, 43, and 44 of the Management Measures on Major Assets Restructuring of Listed Companies.
Key Takeaways:
- The company has approved a connected transaction and assets purchase plan through share offering and cash payment, with 23 key points covered in the plan.
- The transaction involves the purchase of assets through share offering and cash payment, as well as matching fund raising.
- The company aims to comply with relevant laws and regulations, including Articles 11, 43, and 44 of the Management Measures on Major Assets Restructuring of Listed Companies.
- The company has outlined its plans for issuing stocks, pricing basis, and lockup period arrangement.
- The transaction is expected to be completed within the next three years, with a shareholder return plan for 2025-2027.
- The company has authorized the board and its authorized persons to handle matters related to the transaction.
Statistics:
- 23 key points were covered in the plan for the connected transaction and assets purchase.
- The transaction involves the purchase of assets through share offering and cash payment, as well as matching fund raising.
- The company aims to comply with Articles 11, 43, and 44 of the Management Measures on Major Assets Restructuring of Listed Companies.
- The company plans to issue stocks within the next three months.
- The transaction price and payment method will be determined by the Board of Directors.
- The lockup period arrangement will last for a minimum of 12 months.
- The company has authorized the board and its authorized persons to handle matters related to the transaction.
Sources:
- Hui Lyu Ecological Official News Release, October 15, 2025