Hunan Huaxin rare expensive Co., Ltd. Merger and reorganization Investor recruitment announcement

Hunan Huaxin rare Precious Technology Co., Ltd., Hunan Shenhui New Materials Co., Ltd., Zixing Jin Yongtai material Co., Ltd., Zixing Changjia Precious Metals Co., Ltd., Zixing Xingjin Metal Co., Ltd., Chenzhou Baoying Metal Co., Ltd. Restructuring investor recruitment notice

On June 17, 2020, the Chenzhou Intermediate people's Court ruled that Hunan Huaxin rare and precious Technology Co., Ltd. (Huaxin Co., Ltd.), Hunan Shenhui New Materials Co., Ltd. (Shenhui Co., Ltd.), Zixing Jinyongtai material Co., Ltd., Zixing Changjia Precious Metals Co., Ltd., Zixing Xingjin Metal Co., Ltd., Chenzhou Baoying Metal Co., Ltd. merged and restructured. Appoint Hunan Donglai Clearing Service Co., Ltd. as the manager.

In order to promote the successful implementation of the reorganization and safeguard the legitimate rights and interests of all creditors and debtors, with the consent of the people's court, the manager is now openly recruiting restructuring investors in accordance with the law.

First, the company profile

Huaxin Company was founded on August 29th, 2008. with a registered capital of 450 million yuan, the company resides in Jiangbei Industrial Park, Economic Development Zone, Zixing City, Hunan Province, covering an area of 1283 mu. The main business is the clean and efficient production of high purity silver, nanometer silver powder and lead ingots, as well as the comprehensive recovery and sales of gold, bismuth, antimony, indium and other rare and precious metals. The company's safety and environmental protection qualification license is complete, and the Ministry of Industry and Information Technology industry access, with import and export rights, is a senior customs certification enterprise, through the ISO9001 quality certification, ISO14001 environmental management system certification, CMA measurement certification, with a number of independent intellectual property rights, is a high-tech enterprise in Hunan Province.

II. Major assets and operations

Huaxin Company (including Shenhui Company) has 1283 mu of industrial land and a building area of 89811.5 square meters, with about 30% land area available for development. There are 5 production lines, including 1 set of crude lead production line (including 1 bottom blowing furnace, 1 side blowing furnace and 1 fuming furnace), 1 electric lead production line, 1 precious metal production line and 1 nanometer silver production line. in addition, there are 1 office building, 1 scientific research building, canteen, dormitory and other logistics and living facilities are complete.

1. 100000 tons / year crude lead production line

The production of crude lead adopts the international leading and domestic advanced process of "oxygen-rich bottom blowing smelting-side blowing melting direct reduction". The main equipment includes bottom blowing furnace, side blowing furnace, fuming furnace, sulfuric acid production line, oxygen station, gas station and so on. the main raw materials are lead concentrate and lead-containing waste.

2. 100000 tons / year electric lead production line

The electrolytic lead production line adopts high mechanization and high automation technology, including copper removal workshop, lead electrolysis workshop and finished product workshop. It can produce 100000 tons of "Changyin" brand lead ingots per year, and the product was registered as the delivery brand of Shanghai Futures Exchange in 2015.

3. Comprehensive resource recovery production line

Mainly uses the independent invention patent technology and the industry advanced environmental protection technology, recovers silver, gold, copper, bismuth, antimony, palladium, selenium, tellurium and other valuable metals from hazardous and solid waste raw materials.

4. Registered brand silver production line

Using independently invented patented technology, has two sets of silver production lines, the production of "Changyin" brand silver ingots for the Shanghai Futures Exchange and London Gold and Silver Market Association (LBMA) registered brand, brand awareness at home and abroad, with a stable customer base.

5. Nanometer silver production line

With 100 tons / year 100m high purity silver powder production line, highly mechanized clean production, greatly improve production efficiency and product added value.

6. R & D center and supporting facilities such as environmental protection

The company's supporting office buildings, scientific research buildings, canteens, enterprise technology centers and other supporting facilities are complete, with a construction area of 20653.15 square meters, supporting sewage treatment stations, online monitoring, Rain Water collection pool and other environmental protection ancillary facilities with a construction area of 51776.13 square meters.

III. Enterprise advantages

1. Technological advantages

The company has established a "technological innovation system with the enterprise as the main body, the market as the orientation and the combination of industry, university and research". It has overcome many technical problems in the field of silver smelting, and the new process of high-purity silver has been recognized as "China's good Technology". A total of 12 technological invention patents with core competitiveness have been obtained.

2. Qualification advantage

The company has obtained the pollutant discharge permit, the hazardous chemical operation permit and the hazardous waste operation permit under the strict control of the state, obtained the full license qualification for industry operation, and obtained the industry access qualification of the Ministry of Industry and Information Technology. At the same time, the production line of 100000 tons / year zinc smelting and comprehensive recovery and utilization of resources is reserved to be built.

3. Brand advantage

The company's products have been widely recognized by domestic and foreign markets for their excellent quality, and have become (LBMA) of London Gold and Silver Market Association and delivery brand products of Shanghai Futures Exchange, and have won honorary titles such as "China famous Trademark", "Hunan famous Brand products", "Chenzhou Mayor quality Award" and so on.

4. Location advantage

The Chenzhou area where the company is located is rich in mineral resources and is known as the "hometown of non-ferrous metals". Adjacent to Guangdong-Hong Kong-Macau Greater Bay Area, 19.84square kilometers of Chenzhou area has been included in the scope of China (Hunan) free trade pilot zone. Chenzhou and Zixing city governments provide comprehensive policy support.

IV. Conditions for prospective investors

1. Have sufficient financial strength and be able to issue corresponding credit certificates or other certificates of performance;

2. The intended investor has not been listed by the people's court as a breach of trust, and if it is an enterprise legal person, it shall have a good commercial reputation;

3. Accept two or more investors to form a consortium to participate in the investment. The main body participating in the investment in the consortium shall be the enterprise legal person and meet the conditions of the above-mentioned investors; the natural person may participate in the investment as a simple financial investor in the consortium.

4. The enterprise legal person with investment intention to participate in the reorganization should have corresponding production enterprise management experience and mature and stable management team.

V. recruitment process

(1) Registration

1. Application materials to be submitted (in duplicate):

(1) to participate in the reorganization of the "letter of intent to invest", the contents of which include, but are not limited to: the proof or explanation of the basic information of the intended investor, the main business, the financial situation, the situation involved and the ability to perform the contract;

(2) documents certifying the subject qualification of the intended investor;

(3) proof of creditworthiness or ability to perform (such as bank deposit certificate, etc.)

(4) whether there is any investment, operation and management experience and supporting materials related to the same industry;

(5) other relevant materials used to prove that they meet the requirements for registration;

(6) for the application of the consortium, the Joint Cooperation Agreement shall be submitted, and the relevant materials shall be provided respectively in accordance with the above requirements.

2. Pay the registration deposit of 500000 yuan.

3. Preliminary screening: the manager has the right to determine the scope of qualified intended investors according to the registration conditions determined in this announcement and the application materials submitted by the intended investors.

(II) due diligence and submission of investment plans

1. The intended investor who meets the registration requirements and the manager sign the "intentional Investment Agreement", "confidentiality Agreement" and other documents. After the registration, the manager will cooperate with the intended investor to carry out site investigation, due diligence and other related work.

2. After completing the due diligence, the intended investor shall decide whether to participate in the reorganization according to the due diligence and in combination with his own business judgment and risk assessment. If he decides to participate in the reorganization, he may communicate with the manager on the framework of the reorganization investment plan and submit the "reorganization investment plan" to the manager before December 31, 2020.

3. The restructuring Investment Plan shall include, but not be limited to, the following:

(1) the amount of investment; (2) the source of funds, the mode of payment, the time of payment, etc.; (3) the arrangement for the reception of restructured assets; and (4) the business plan.

(3) identify investors for restructuring

1. The manager shall, under the supervision and guidance of the people's court, set up a committee for the selection of reorganized investors;

2. The selection committee shall select the intended investors according to the investment amount, payment time, performance ability, credit status, operation and management experience, investment plan, business plan, etc., and combined with the restructuring needs of Huaxin Company and affiliated companies, determine the formal restructuring investors and wait for investors or re-recruit investors.

3. The reorganization investor shall sign the Investment Agreement with the manager within 5 days after receiving the notice confirming that he is the official investor, and pay a performance bond of not less than 10% of the investment amount (the registration bond previously paid may be converted into the performance bond), and the manager shall prepare the draft reorganization Plan in accordance with the Investment Agreement and submit it to the creditors' meeting for voting.

VI. Notes on participating in restructuring

1. The reorganization manager follows the principle of asset maximization of reorganization, and accepting the application of intended investors does not mean that it is exclusive.

2. The data provided in this announcement are for reference only, and the intended investors shall bear the investment risk on their own.

3. If the intended investor fails to become the restructuring investor in the end, the registration deposit shall be refunded without interest within 3 days after the signing of the Investment Agreement between the manager and the bid-winning restructuring investor.

4. This announcement does not constitute an offer and the manager has the right to terminate the recruitment at any time.

Contact person and contact telephone number

1. Contact: Wen Jie (Tel: 13908417077) and Li Xuan (Tel: 15576178919)

Contact address: Jiangbei Industrial Park, Zixing City, Chenzhou City, Hunan Province (Hunan Huaxin rare Technology Co., Ltd.).

3. The intended investor registration materials shall be mailed at the above address or a stamped and scanned copy shall be sent to: hndlwenjie@163.com.

It is hereby announced!

Manager of Hunan Huaxin rare Technology Co., Ltd.

Manager of Hunan Shenhui New material Co., Ltd.

Manager of Zixing Jin Yongtai material Co., Ltd.

Manager of Zixing Changjia Precious Metals Co., Ltd.

Manager of Zixing Xingjin Metal Co., Ltd.

Manager of Chenzhou Baoying Metal Co., Ltd.

October 18, 2000