Silver Leaf Xinyu Preferred Issue 2 Private Securities Investment Fund managed by Shanghai Silver Leaf Investment Co., Ltd. completed the acquisition of a 5% stake in Guangdong Highsun Group Co.,Ltd. from Guangzhou Highsun Enterprises Group Co., Ltd. for approximately CNY 280 million.
October 21, 2022
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Silver Leaf Xinyu Preferred Issue 2 Private Securities Investment Fund managed by Shanghai Silver Leaf Investment Co., Ltd. agreed to acquire a 5% stake in Guangdong Highsun Group Co.,Ltd. (SZSE:000861) from Guangzhou Highsun Enterprises Group Co., Ltd. for approximately CNY 280 million on October 10, 2022.
Silver Leaf Xinyu Preferred Issue 2 Private Securities Investment Fund managed by Shanghai Silver Leaf Investment Co., Ltd. completed the acquisition of a 5% stake in Guangdong Highsun Group Co.,Ltd. (SZSE:000861) from Guangzhou Highsun Enterprises Group Co., Ltd. for approximately CNY 280 million on October 21, 2022. Post acquisition, Guangzhou Highsun Enterprises Group Co., Ltd. holds 31.47% stake and Silver Leaf Xinyu Preferred Issue 2 Private Securities Investment Fund holds 5.1230% stake in Guangdong Highsun.
GUANGDONG HIGHSUN GROUP CO.,LTD. is a China-based company principally engaged in property leasing and management, as well as department store retailing business. The Company operates through three business segments. Financial segment mainly include factoring, small loans, Internet small loans, finance leasing and commercial payment, among others. Entertainment segment mainly includes theater performances and commercial performances. Commercial segment is mainly involved the operation of leased property and self-built real estate projects. The Company operates its business in domestic market, with South China as its main market.
Silver Leaf Xinyu Preferred Issue 2 Private Securities Investment Fund managed by Shanghai Silver Leaf Investment Co., Ltd. completed the acquisition of a 5% stake in Guangdong Highsun Group Co.,Ltd. from Guangzhou Highsun Enterprises Group Co., Ltd. for approximately CNY 280 million.