Shanghai Xinnanyang Only Education & Technology Co., Ltd. (SHSE:600661) entered into an agreement to acquire remaining 49% stake in Shanghai Yulun Education Technology Development Co., Ltd. for CNY 116.5 million on September 4, 2019. The completion of the deal is dependent on performance commitment (including financial performance and business performance targets).
Shanghai Xinnanyang Only Education & Technology Co., Ltd. (SHSE:600661) completed the acquisition of remaining 49% stake in Shanghai Yulun Education Technology Development Co., Ltd. on November 4, 2022.