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中國碳中和(01372.HK)簽訂和解與抵銷協議

格隆匯5月30日丨中國碳中和(01372.HK)發佈公告,於2025年5月30日,公司與認購人(綠色證劵及綠色資產的統稱)簽訂了和解與抵銷協議,根據該協議,認購人同意以債務爲代價認購可換股債券,而公司同意向認購人發行可換股債券以抵銷債務。根據和解與抵銷協議,於2025年5月30日,公司與認購人簽訂認購協議,據此,認購人有條件地同意認購,且公司有條件地同意發行本金總額爲5766萬港元的可換股債券,以償付債務。

按換股價0.28港元(可調整)的可換股債券享有轉換爲換轉股份的轉換權。假設公司現有股權沒有其他變動,以每股0.28港元的換股價全數轉換可換股債券時,將發行最多2.06億股轉換股份,佔(i)約公司現有已發行股本的32.03%;(ii)及經配發及發行轉換股份擴大後約佔公司已發行股本的24.26%。發行可換股債券是爲了全額抵銷債務。因此,公司不會從發行可換股債券中獲得任何收益。

公司已考慮其他集資選擇,包括但不限於債務融資、配售新股份及供股。具體來說,由於公司的借款能力有限和金融機構信貸政策收緊,債務融資變得越來越困難。同樣,配售新股也不可行,因爲這可能會導致現有股東的股份大量稀釋,並且在當前市場條件下可能面臨投資者投資興趣所限的問題。供股雖然理論上是可行的,但需要大量的準備時間,涉及更高的行政成本,也不能保證全額認購,從而帶來額外的不確定性。在綜合考慮當前市場融資環境、公司實際情況及其他融資管道的不確定性後,董事會認爲發行可換股債券是一個相對更可行且更具確定性的方式,同時也是目前更具成本效益和效率的清償債務方法。

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