Ningbo Junhe Tongxiang Enterprise Management Partnership Enterprise (L.P.), China Huarong Asset Management Co., Ltd., Taian Qianxing Equity Investment Fund Partnership Enterprise (L.P.) and Nanjing Hehegu Enterprise Management Partnership Enterprise (L.P.) completed the acquisition of 3.3% stake in Shanghai Laofengxiang Co., Ltd. from Yangdi Fusion Arts and Crafts Equity Investment Center.
Ningbo Junhe Tongxiang Enterprise Management Partnership Enterprise (L.P.), China Huarong Asset Management Co., Ltd. (SEHK:2799), Taian Qianxing Equity Investment Fund Partnership Enterprise (L.P.) and Nanjing Hehegu Enterprise Management Partnership Enterprise (L.P.) completed the acquisition of 3.3% stake in Shanghai Laofengxiang Co., Ltd. from Yangdi Fusion (Shanghai) Arts and Crafts Equity Investment Center on March 23, 2024.