Jingzhou Urban Development Capital Operation Co., Ltd. agreed to acquire an additional 5.13% stake in Guanfu Holding Co., Ltd. from Chen Liequan and Yujiang Jinchuangying Investment Center (Limited Partnership).
May 17, 2022
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Jingzhou Urban Development Capital Operation Co., Ltd. agreed to acquire an additional 5.13% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Chen Liequan and Yujiang Jinchuangying Investment Center (Limited Partnership) on May 17, 2022. Under the terms, Chen Liequan and Yujiang Jinchuangying will transfer 135 million shares to Jingzhou Urban Development. Pursuant to transaction, Chen Liequan's stake decreased from 11.66% to 8.81%, Yujiang Jinchuangying's stake decreased from 8.79% to 6.51% and Jingzhou Urban Development's stake increased from 4.72% to 9.85%.
Hubei NengTer Technology Co Ltd, formerly Guanfu Holdings Co Ltd, is a China-based company principally engaged in the production and processing of pharmaceutical intermediates. The Company primarily operates its businesses through four segments. The Plastic Trading E-Commerce segment is mainly engaged in commodity trading business. The Asset Management Factoring segment is mainly engaged in commercial factoring business. The Pharmaceutical and Chemical Industry segment is mainly engaged in the business of pharmaceutical intermediates and vitamin E. The Mining segment is mainly engaged in the gold mining business. The Company is also involved in park operation, selling materials and financial leasing. The Company distributes its products within the domestic market and to overseas markets.
Jingzhou Urban Development Capital Operation Co., Ltd. agreed to acquire an additional 5.13% stake in Guanfu Holding Co., Ltd. from Chen Liequan and Yujiang Jinchuangying Investment Center (Limited Partnership).