Zhijian Zhiyuan New Prospect Private Equity Securities Investment Fund, managed by Beijing Zhijian Zhiyuan Private Equity Fund Management Co., Ltd., cancelled the acquisition of 5.88% stake in Shandong Huifa Foodstuff Co.,Ltd. from Hui Xiping.
July 18, 2023
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Zhijian Zhiyuan New Prospect Private Equity Securities Investment Fund, managed by Beijing Zhijian Zhiyuan Private Equity Fund Management Co., Ltd., signed share transfer agreement to acquire 5.88% stake in Shandong Huifa Foodstuff Co.,Ltd. (SHSE:603536) from Hui Xiping for CNY 84.9 million on June 20, 2023. As per the transaction, Zhijian Zhiyuan New Prospect Private Equity Securities Investment Fund, managed by Beijing Zhijian Zhiyuan Private Equity Fund Management Co., Ltd., will acquire 14.4 million shares of Shandong Huifa Foodstuff Co.,Ltd. at CNY 5.9 per share.
Zhijian Zhiyuan New Prospect Private Equity Securities Investment Fund, managed by Beijing Zhijian Zhiyuan Private Equity Fund Management Co., Ltd., cancelled the acquisition of 5.88% stake in Shandong Huifa Foodstuff Co.,Ltd. (SHSE:603536) from Hui Xiping on July 19, 2023.
Shandong Huifa Foodstuff Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of quick-frozen prepared meat products. The Company mainly sales its products through wholesaling and directly retailing to customers. The Company's main products include quick-frozen ball products, sausage products, fried products and string meat products. The frozen ball products mainly include chicken balls, fish balls and other ball products. The sausage products mainly include kiss sausages, sweet-scented osmanthus sausages and waist sausages. The fried products include fish tofu and Wufu crisp products. The Company mainly operates its businesses in domestic market.
Zhijian Zhiyuan New Prospect Private Equity Securities Investment Fund, managed by Beijing Zhijian Zhiyuan Private Equity Fund Management Co., Ltd., cancelled the acquisition of 5.88% stake in Shandong Huifa Foodstuff Co.,Ltd. from Hui Xiping.
SHANDONG HUIFA FOODSTUFF CO.,LTD. 
