The restructuring of parking assets on the 9th Road has entered a late stage

On August 21, 2020, Nine Parking held an asset restructuring promotion meeting to make a phased summary of the previous asset restructuring work and make reasonable plans for the next step.

Nine-way parking assets restructuring work to promote the meeting

At the meeting, Zhonglun Law Firm and Beijing Xinghua Accounting Firm respectively put forward legal and financial opinions on the legal adjustment and financial audit work in the process of advance of the prior period of asset reorganization, and conducted in-depth discussions and exchanges with the company's board members on the optimization plan of the company's historical evolution, internal structure and governance, business, assets, financial taxation, etc., and carried out ideological unity and planning on the key work in the latter stage of asset reorganization.

Yang Shuxia (right), Senior Partner of Xinghua Accounting Firm in Beijing, and Gao Jiahua (left), Certified Public Accountant

At the same time, Beijing Xinghua accounting firm senior partner Yang Shuxia said: according to the status quo of nine-way parking enterprise development and industry characteristics, the development of financial training plan, through the standards of listed companies for financial standards and independence training, improve the professional ability of all financial personnel, in advance to adapt to the financial environment of the capital market.

Zhonglun Law Firm Wang Hongyu (right) and Hu Wei (left).

Intermediary experts

The asset restructuring to optimize the principle of portfolio, asset adjustment and allocation, give full play to the overall benefits of existing assets, is the same control of the nine-way parking and Jiuhong Heavy Industries "high-quality asset circulation" a major strategic initiative, in order to speed up access to the capital market to clear the barriers and pave the way.

Financial combing work rigorous, standardized

The restructuring of assets will be successfully concluded

The leaders of the meeting were: Mr. Chen Jinshui, Chairman of the Nine Road Parking Board, Director Lin Fanghua, Director Li Yanyan, Secretary of the Board of Directors Li Dong, Financial Manager Liu Xinzhong, Financial Manager of Jiuhong Heavy Industries, Du Wenping, as well as representatives of Zhonglun Law Firm, Beijing Xinghua Accounting Firm, and Sino-Swiss Union Asset Assessment Group Intermediary.