Shanghai Qiangsheng Taxi Co., Ltd. cancelled the acquisition of Shanghai Xinhuaihai Automobile Service Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd.
December 24, 2013 at 11:00 pm EST
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Shanghai Qiangsheng Taxi Co., Ltd. agreed to acquire Shanghai Xinhuaihai Automobile Service Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) for approximately CNY 160 million on December 25, 2012. All the 9 Board of Directors of Shanghai QiangSheng Holding approved the deal.
Shanghai Qiangsheng Taxi Co., Ltd. cancelled the acquisition of Shanghai Xinhuaihai Automobile Service Co., Ltd. from Shanghai QiangSheng Holding Co., Ltd (SHSE:600662) 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 FOREIGN SERVICE HOLDING GROUP CO., LTD. 
