Shanghai Qiangsheng Group Automobile Repair Co., Ltd. cancelled the acquisition of Shanghai Shangqiang Old Motor Vehicle Brokerage Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd and Shanghai Qiangsheng Auction House Co., Ltd.
December 24, 2013 at 11:00 pm EST
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Shanghai Qiangsheng Group Automobile Repair Co., Ltd. agreed to acquire Shanghai Shangqiang Old Motor Vehicle Brokerage Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) and Shanghai Qiangsheng Auction House Co., Ltd for CNY 1.2 million on December 25, 2012. Shanghai QiangSheng Holding will sell 90% stake and Shanghai Qiangsheng Auction House Co., Ltd will sell 10% stake in Shanghai Shangqiang Old Motor Vehicle Brokerage. All the 9 Board of Directors of Shanghai Qiangsheng Holding approved the deal.
Shanghai Qiangsheng Group Automobile Repair Co., Ltd. cancelled the acquisition of Shanghai Shangqiang Old Motor Vehicle Brokerage Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) and Shanghai Qiangsheng Auction House Co., Ltd on December 25, 2013.
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 Qiangsheng Group Automobile Repair Co., Ltd. cancelled the acquisition of Shanghai Shangqiang Old Motor Vehicle Brokerage Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd and Shanghai Qiangsheng Auction House Co., Ltd.
SHANGHAI FOREIGN SERVICE HOLDING GROUP CO., LTD. 
