Zijin International Trading Co., Ltd. completed the acquisition of a 14.21% stake in Jiayou International Logistics Co.,Ltd from Jiaxinyi Asset Management Partnership (Limited Partnership), Han Jinghua, Menglian, Wu Zibin, Wang Benli, Hou Runping, white jade and Tang Shilun.
February 20, 2022
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Zijin International Trading Co., Ltd. entered into an agreement to acquire a 14.21% stake in Jiayou International Logistics Co.,Ltd (SHSE:603871) from Jiaxinyi (Tianjin) Asset Management Partnership (Limited Partnership), Han Jinghua, Menglian, Wu Zibin, Wang Benli, Hou Runping, white jade and Tang Shilun for approximately CNY 850 million on December 17, 2021. Zijin International Trading will acquire 45,050,000 at a price of CNY 18.873 per share. Zijin International Trading will acquire an aggregate of 42,375,000 shares representing approximately 13.37% of the total share capital of Jiayou International from Han Jinghua, Meng Lian and Jiaxinyi (Tianjin) Asset Management Partnership Enterprise (Limited Partnership) and an aggregate of 2,675,000 shares representing approximately 0.84% of the total share capital of Jiayou International will be acquired from Wu Zibin, Wang Benli, Hou Runping, Bai Yu and Tang Shilun. Post transaction, Han Jinghua, Meng Lian and Jiaxinyi (Tianjin) Asset Management Partnership Enterprise (Limited Partnership) will hold a total of 160,955,400 shares of Jiayou International, representing approximately 50.78% of the total share capital of Jiayou International. The actual controller of Jiayou International will remain unchanged. Post transaction, Zijin Mining Group Company Limited will indirectly hold a total of 67,275,024 shares of Jiayou International, representing approximately 21.23% of the total share capital of Jiayou International, and have the right to nominate one director of Jiayou International. The transaction is subject to the approval of the authorised supervisory. The transaction is unanimously at extraordinary meeting of the board of directors of Zijin Mining Group Company Limited.
Zijin International Trading Co., Ltd. completed the acquisition of a 14.21% stake in Jiayou International Logistics Co.,Ltd (SHSE:603871) from Jiaxinyi (Tianjin) Asset Management Partnership (Limited Partnership), Han Jinghua, Menglian, Wu Zibin, Wang Benli, Hou Runping, white jade and Tang Shilun on February 21, 2022.
Jiayou International Logistics Co., Ltd. is a China-based company principally engaged in the formulation of cross-border integrated logistics solutions based on customer personalized needs. The Company mainly has four business segments. The Cross-border Multimodal Transport segment mainly includes international project logistics and international multimodal transport business. The Bulk Mineral Logistics segment mainly provides full standardization of logistics services. The Intelligent Storage segment mainly provides intelligent warehousing business services through customs bonded warehouses and customs supervision places at Gan Qimao Port. The Supply Chain Services segment mainly provides the overall market transaction information, customer price feedbacks, logistics solutions, warehousing, settlement and other services.
Zijin International Trading Co., Ltd. completed the acquisition of a 14.21% stake in Jiayou International Logistics Co.,Ltd from Jiaxinyi Asset Management Partnership (Limited Partnership), Han Jinghua, Menglian, Wu Zibin, Wang Benli, Hou Runping, white jade and Tang Shilun.
JIAYOU INTERNATIONAL LOGISTICS CO.,LTD 
