LONGi Green Energy Technology Co., Ltd. completed the acquisition of 27.25% stake in Center International Group Co.,Ltd. from Liu Aisen, Beijing Shixing Shengya Investment Co., Ltd. and Huayong Investment Group Co., Ltd.
April 20, 2021
Share
LONGi Green Energy Technology Co., Ltd. (SHSE:601012) entered into a share transfer agreement to acquire 27.25% stake in Center International Group Co.,Ltd. (SHSE:603098) from Liu Aisen, Beijing Shixing Shengya Investment Co., Ltd. and Huayong Investment Group Co., Ltd. for CNY 1.6 billion on March 4, 2021. As part of the consideration, LONGi will acquire 130 million shares at CNY 12.5 per share. Liu Aisen will transfer 34.8 million shares, Beijing Shixing Shengya will transfer 48 million shares and Huayong will transfer 48 million shares. The transaction is subject to approval from the Shanghai Stock Exchange.
LONGi Green Energy Technology Co., Ltd. (SHSE:601012) completed the acquisition of 27.25% stake in Center International Group Co.,Ltd. (SHSE:603098) from Liu Aisen, Beijing Shixing Shengya Investment Co., Ltd. and Huayong Investment Group Co., Ltd. on April 21, 2021.
CENTER INTERNATIONAL GROUP CO., LTD. is a China-based company principally engaged in the research, development, production and distribution of environmental friendly construction materials and the provision of related engineering design, production, installation and after-sales services. The Companyâs products mainly include metal composite curtain wall plate, metal house wall single board, as well as sound absorbing barrier plate, among others. Its products are mainly applied in the fields of industrial construction, public construction and transportation engineering. The Company mainly operates its business in domestic market.
LONGi Green Energy Technology Co., Ltd. completed the acquisition of 27.25% stake in Center International Group Co.,Ltd. from Liu Aisen, Beijing Shixing Shengya Investment Co., Ltd. and Huayong Investment Group Co., Ltd.