Smart Agriculture (000816.SZ): The company's shareholding structure may change

Zhitong Finance App News, Smart Agriculture (000816.SZ) announced that 14 companies including Jiangsu Jiangdong Group Co., Ltd. (“Jiangdong Group”), the indirect controlling shareholder Chongqing Dongyin Holding Group Co., Ltd. (“Dongyin Holdings”), and managers of 14 companies including Dongyin Holdings have signed a “Restructured Investment Agreement” with the Wuxi Binhu Hunan Gangxingbo Venture Capital Partnership (Limited Partnership) (“Fosun Binhu Fund”). According to the agreement, fourteen companies, including Dongyin Holdings, the main entity of the restructuring plan to invest 188 million shares of the company (accounting for 13% of the total share capital of smart agriculture) to establish the New Eastern Bank Group (specific name to be determined). The restructuring investors bought 70% of the shares in the New Eastern Bank Group from the restructuring entity, and the creditors held 30% of the shares in the New Eastern Bank Group.

If the above investment is completed, it will lead to changes in the company's shareholding structure, controlling shareholders, and actual controllers; at that time, it will be necessary to determine whether the company has an actual controller based on the investment structure of the New Eastern Bank Group and related agreements, etc., and if so, further determine the ownership of the new actual controller.