Changzhi Nanye Industrial Group Co., Ltd. made a bid to acquire 5.5% stake in Chang Jiang Shipping Group Phoenix Co.,Ltd for approximately CNY 150 million.
February 26, 2021
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Changzhi Nanye Industrial Group Co., Ltd. made a bid to acquire 5.5% stake in Chang Jiang Shipping Group Phoenix Co.,Ltd (SZSE:000520) for approximately CNY 150 million in January 2021. Changzhi Nanye Industrial Group Co., Ltd. won a bid to acquire 5.5% stake in Chang Jiang Shipping Group Phoenix Co.,Ltd (SZSE:000520) on February 2, 2021. Changzhi Nanye Industrial Group Co., Ltd. will acquire 55.6 million shares in Chang Jiang Shipping Group Phoenix Co.,Ltd. Changzhi Nanye Industrial Group Co., Ltd increase its stake from 8.62% to 14.11%.in Chang Jiang Shipping Group Phoenix Co.,Ltd.
Phoenix Shipping Wuhan Co Ltd, formerly Chang Jiang Shipping Group Phoenix Co Ltd, is a China-based shipping and logistics services company. The Company is mainly engaged in dry bulk shipping and port-shipping logistics services, including dry bulk shipping, shipping agency, freight forwarding, comprehensive logistics and special large-scale transportation, ship leasing, crew labor services and others.
Changzhi Nanye Industrial Group Co., Ltd. made a bid to acquire 5.5% stake in Chang Jiang Shipping Group Phoenix Co.,Ltd for approximately CNY 150 million.
PHOENIX SHIPPING (WUHAN) CO., LTD. 
