Charging industry heavyweight Giantsun Power (GSP) is moving to enter the capital market. Through its investment arm, Changsha Giantsun Power, the company plans to acquire the listed firm *ST GOSPELL (002848). The deal hinges on a private placement where it will inject up to 429 million RMB to settle debts and boost liquidity for the target company.
The move will trigger a shift in leadership: Changsha Giantsun Power will secure a 23.08% controlling stake, making founder Yang Depeng the new actual controller. Meanwhile, the former lead shareholder, Weifang Guojin, will see its holding diluted to 18.34%. This strategic acquisition marks a significant milestone for Giantsun Power as it transitions from a manufacturing leader to a publicly controlled entity.
As a "Single-Product Champion" in Hunan’s manufacturing sector, Giantsun Power generates over 3.7 billion RMB in annual sales, supplying top-tier 3C brands with fast-charging and power solutions. The deal is currently awaiting final regulatory nods from the Shenzhen Stock Exchange and the CSRC.
Disclaimer: This information is for reference only and is not investment advice. Investing carries risk; proceed with caution.
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