Xinjiang Shanglong Equity Investment Management Co., Ltd. cancelled the acquisition of 74.63% stake in UnitedData Holding Group Co., Ltd. from Lontrue Co., Ltd..
May 30, 2024
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Xinjiang Shanglong Equity Investment Management Co., Ltd. agreed to acquire 74.63% stake in UnitedData Holding Group Co., Ltd. from Lontrue Co., Ltd. (SZSE:300175) on August 2, 2021. Under the agreement, Lontrue will sell 74.63% stake in UnitedData, the principal amount and interest on the loans to UnitedData and · performance compensation from Guangdong Yunju Technology Investment Co., Ltd. and its actual controller Zhang Tao. The board of directors of Lontrue approved the deal. The shareholders of Lontrue approved the deal on August 18, 2021.
Xinjiang Shanglong Equity Investment Management Co., Ltd. cancelled the acquisition of 74.63% stake in UnitedData Holding Group Co., Ltd. from Lontrue Co., Ltd. (SZSE:300175) on May 1, 2024.
LONTRUE CO., LTD. is a China-based company principally engaged in the processing, production and sales of dried fruits, nuts and fresh fruits. The Company's main products include raisins, pine nuts and pine nut kernels and apples. The Company distributes its products in domestic market and to overseas markets, such as Southeast Asia, South Asia and the Middle East.
Xinjiang Shanglong Equity Investment Management Co., Ltd. cancelled the acquisition of 74.63% stake in UnitedData Holding Group Co., Ltd. from Lontrue Co., Ltd..