Yiwei LiNeng plans to introduce war investment SKI through debt-to-equity swap.

SMM12: in order to seek greater development, Huizhou Yiwei LiNeng Co., Ltd. plans to introduce SKI as a strategic investor by way of debt-to-equity swap, sign a "debt-to-equity contract" with Yiwei JiNeng and SKI, and sign a "joint venture contract" with SKI. When SKI exercises its equity conversion, it uses its claim on the cash loan enjoyed by Yiwei Ji Neng as its capital contribution to acquire a 49% stake in Yiwei Ji Neng, and the company also gives up the pre-emptive subscription right.

After SKI exercises the equity transfer and becomes the Yiwei concentrated energy shareholder, it will help to further give full play to the synergy between the two sides in the aspects of technology, market, management and supply chain, improve the position of Yiwei concentrated energy in the soft package battery market at home and abroad, give full play to its leading advantages, and optimize the financial structure of Yiwei concentrated energy.

The signing of the debt-to-equity contract and the joint venture contract with SKI will help the company optimize its financial structure, give full play to the competitive advantages of both sides, further deepen the synergy effect, and continuously enhance the production capacity and technical capacity of the company's soft package power battery, so that Yiwei Ji can occupy a leading position in the domestic soft package battery market.