Hongchuan Wisdom (002930) announced on the evening of December 11 that the company plans to increase its capital by 51% to Fujian Gangfeng Energy Co., Ltd., and acquire 51% of its equity. After holding the target company, the company will continue to promote the acquisition of 34% equity of Gangfeng Energy for a consideration of 106 million yuan. By the time the entire transaction is completed, Hongchuan Smart will hold 85% of the equity of Gangfeng Energy.

       It is reported that the current shareholders of Gangfeng Energy are Chen Jianmin and Wu Xiuchun. The shareholding ratio of the two parties is 90% and 10% respectively. The main business scope of Gangfeng Energy is petrochemical terminal, storage project construction and freight and warehousing agency. As of the end of October this year, the net assets of Gangfeng Energy was 153 million yuan. It is worth mentioning that Gangfeng Energy has a total of about 25.17 hectares of projects under construction. The liquid chemical terminal has a planned grade of 30,000 tons and a coastline of 320 meters. The total tank capacity is about 408,500. Cubic meters (77 tanks).

       Hongchuan Wisdom said that the capital increase and acquisition of Hong Kong Energy's equity will promote the company's warehousing business to expand to the southeast coast, fill the gap in the company's southeast coastal petrochemical warehousing business, and after the completion of the transaction, the company will obtain the Hong Kong energy shoreline Petrochemical warehousing and high-quality assets such as the right to use, sea use rights, and land use rights further enhance the company's competitive strength. (Text / CSI APP reporter Wan Yu)