Shandong Jiangquan Industry Co.,Ltd completed the acquisition of Shaanxi Green Energy Electronic Technology Co., Ltd from Li Xingmin, Xian Daoheng Tongchuang Enterprise Management Consulting Co., Ltd., Shaanxi Zhongxin Tongchuang Digital Technology Partnership Enterprise (Limited Partnership), Shaanxi Bode Hengye Energy Technology Partnership Enterprise (Limited Partnership) and Xian Fandi Caiwu Consulting Co., Ltd.
January 26, 2022
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Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) agreed to acquire Shaanxi Green Energy Electronic Technology Co., Ltd from Li Xingmin, Xi'an Daoheng Tongchuang Enterprise Management Consulting Co., Ltd., Shaanxi Zhongxin Tongchuang Digital Technology Partnership Enterprise (Limited Partnership), Shaanxi Bode Hengye Energy Technology Partnership Enterprise (Limited Partnership) and Xi'an Fandi Caiwu Consulting Co., Ltd. for CNY 83 million on November 21, 2021. As on December 16, 2021, parties signed an equity transfer agreement. Consideration will be paid in cash. Li Xingmin, Xi'an Daoheng Tongchuang Enterprise Management Consulting Co., Ltd., Shaanxi Zhongxin Tongchuang Digital Technology Partnership Enterprise (Limited Partnership) and Xi'an Fandi Caiwu Consulting Co., Ltd will sell 12%, 63%,10%,10% and 5% stake respectively. Shaanxi Green Energy Electronic Technology Co., Ltd reported Total Assets of CNY 136.5 million and net assets of CNY 37.2 million for the year ended October 31, 2021. Transaction has been unanimously approved in the 17th Meeting of Shandong Jiangquan 10th Directorate held on November 21, 2021, and is subject to the official agreement and the Shandong Jiangquan Industry Co.,Ltd. Shareholders' Approval. As of January 4, 2022, Shandong Jiangquan Industry Co.,Ltd shareholders approved the transaction.
Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) completed the acquisition of Shaanxi Green Energy Electronic Technology Co., Ltd from Li Xingmin, Xi'an Daoheng Tongchuang Enterprise Management Consulting Co., Ltd., Shaanxi Zhongxin Tongchuang Digital Technology Partnership Enterprise (Limited Partnership), Shaanxi Bode Hengye Energy Technology Partnership Enterprise (Limited Partnership) and Xi'an Fandi Caiwu Consulting Co., Ltd. on January 28, 2022.
Gresgying Digital Energy Technology Co Ltd is a China-based company mainly engaged in new energy charging and energy storage business and railway dedicated line transportation business. The new energy charging and energy storage business includes the research and development, production and sales of charging, energy storage and microgrid products, the investment, construction, operation and maintenance of charging stations and the operation of charging platforms and energy management platforms. The railway special line transportation business is mainly engaged in railway special lines and freight yards. The Company conducts its business in the domestic and foreign markets.