Shaoxing Yuecheng Huahan Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 9.5% stake in Xilinmen Furniture Co.,Ltd from Hangzhou Zhijiang New Industrial Investment Management Co., Ltd.
December 14, 2020
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Shaoxing Yuecheng Huahan Equity Investment Partnership Enterprise (Limited Partnership) singed an agreement to acquire 9.5% stake in Xilinmen Furniture Co.,Ltd (SHSE:603008) from Hangzhou Zhijiang New Industrial Investment Management Co., Ltd. for approximately CNY 570 million on December 3, 2020. Parties to the transaction, signed supplement agreement on December 10, 2020. Hangzhou Zhijiang New Industrial Investment intends to transfer 36.8 million shares.
Shaoxing Yuecheng Huahan Equity Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 9.5% stake in Xilinmen Furniture Co.,Ltd (SHSE:603008) from Hangzhou Zhijiang New Industrial Investment Management Co., Ltd. on December 10, 2020.
Xilinmen Furniture Co., Ltd is principally engaged in the design, research, development, production and distribution of furniture products. The Company's major businesses include civil furniture business, hotel furniture business and movie and television (TV) culture business. Civil furniture business is involved in the sale of mattresses, soft beds and other bedroom furniture. The Company operates its hotel furniture business primarily through the offering of indoor furniture and decoration related wood products for starred hotels and large public construction projects. Its movie and TV culture business consists of the investment, production, distribution and related businesses of movie and TV programs.
XILINMEN FURNITURE CO.,LTD 
