Shanghai J.Y. Corporation cancelled the acquisition of Shanghai Qiangsheng Cruise Travel Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd.
May 07, 2018
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Shanghai J.Y. (Group) Corporation signed an agreement to acquire Shanghai Qiangsheng Cruise Travel Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) for CNY 36.8 million on May 8, 2017. In a related transaction, Shanghai J.Y. (Group) Corporation signed a transfer agreement to acquire 50% stake in Shanghai Bus Travel Shipping Co., Ltd from Shanghai Ba-Shi International Travel Service Co., Ltd. for CNY 36.2 million on May 8, 2017. The transaction was approved by the Board of Shanghai QiangSheng Holding Co., Ltd. under 30th Session of the 8th Directorate meeting held on May 8, 2017.
Shanghai J.Y. (Group) Corporation cancelled the acquisition of Shanghai Qiangsheng Cruise Travel Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) on May 8, 2018.
Shanghai Foreign Service Holding Group Co Ltd is a China-based company principally engaged in the provision of comprehensive human resources services. The Company is mainly engaged in five businesses. The personnel management business includes personnel policy consultation, personnel agency, statutory social insurance agency and employment and withdrawal management. The talent dispatch business includes comprehensive supporting services such as personnel administration, salary and welfare related to dispatched employees. The salary and welfare business includes payroll management services, health management services, and commercial welfare services. The recruitment and flexible employment business includes flexible employment services, mid-to-high-end talent search services and recruitment process outsourcing services. The business outsourcing business includes business process outsourcing services with the management of outsourced personnel as the core.
SHANGHAI FOREIGN SERVICE HOLDING GROUP CO., LTD. 
