Beijing Zhongshun Yongfeng Investment Consulting Co., Ltd. signed the Equity Transfer Agreement to acquire Jangho Technology Co., Ltd. and Beijing Jangho Digital Technology Co., Ltd from Jangho Group Co., Ltd. for CNY 430 million.
July 28, 2022
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Beijing Zhongshun Yongfeng Investment Consulting Co., Ltd. signed the Equity Transfer Agreement to acquire Jangho (Beijing) Technology Co., Ltd. and Beijing Jangho Digital Technology Co., Ltd from Jangho Group Co., Ltd. (SHSE:601886) for CNY 430 million on July 28, 2022. The price of the Beijing Jangho Digital Technology Co., Ltd was CNY 127 million and for Jangho (Beijing) Technology Co., Ltd was CNY 303 million. Jangho Group Co., Ltd. board approved the deal.
Jangho Group Co., Ltd. is a China-based company principally engaged in the architectural decoration businesses. The Company's main businesses include the construction of curtain walls and the interior decoration businesses. Its curtain wall businesses mainly include the curtain wall construction businesses related to the office buildings, hotels, commercial complex facilities, airports, railway stations, sports venues and residential buildings. Its interior decoration businesses mainly include the provision of interior decoration engineering services to public buildings, hotels, clubs and residential projects.
Beijing Zhongshun Yongfeng Investment Consulting Co., Ltd. signed the Equity Transfer Agreement to acquire Jangho Technology Co., Ltd. and Beijing Jangho Digital Technology Co., Ltd from Jangho Group Co., Ltd. for CNY 430 million.
JANGHO GROUP CO., LTD. 
