Shanghai Richman Investment Co., Ltd. completed the acquisition of Shanghai Worth/Shanghai Worth Garden/Shanghai Worth Garden Art Development from Sino Prima Gas Technology Co., Ltd.
December 29, 2023
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Shanghai Richman Investment Co., Ltd. agreed to acquire Shanghai Worth/Shanghai Worth Garden/Shanghai Worth Garden Art Development from Sino Prima Gas Technology Co., Ltd. (SZSE:300483) for approximately CNY 100 million on January 20, 2023. Transaction is approved by Sino Prima Gas Technology's board. For the period September 30, 2022, Shanghai Worth/Shanghai Worth Garden/Shanghai Worth Gardenhad CNY 172.48 million of total assets and CNY CNY 5.42 million of net assets
Shanghai Richman Investment Co., Ltd. completed the acquisition of Shanghai Worth/Shanghai Worth Garden/Shanghai Worth Garden Art Development from Sino Prima Gas Technology Co., Ltd. (SZSE:300483) on December 30, 2023.
Sino Prima Gas Technology Co Ltd, formerly Shanghai Worth Garden Co Ltd, is a China-based company mainly engaged in the natural gas business and the research and development, production and sales of gardening products. The Company's natural gas business includes natural gas exploration, development, production and sales. The Companyâs gardening products market segment mainly includes hand tools, decorations, irrigation, machinery and materials gardening products, such as scissors, shovels, handsaws, rakes, lawn mowers, croppers, hedge trimmers, grass trimmers, electric chain saws and others. It also provides services such as gardening design, engineering construction and greening maintenance services. The Company conducts its businesses within the China market and overseas markets.
Shanghai Richman Investment Co., Ltd. completed the acquisition of Shanghai Worth/Shanghai Worth Garden/Shanghai Worth Garden Art Development from Sino Prima Gas Technology Co., Ltd.