Anhui Wantong Technology (002331.SZ) plans to acquire 41.25% of the minority shares of its subsidiary Xingyuntianxia.

date
10/01/2025
avatar
GMT Eight
Anhui Wantong Technology (002331.SZ) announced that the company ("transferee") plans to acquire 41.2467% of the shares of Anhui Xingyuntianxia Technology Co., Ltd. ("Xingyuntianxia"), a subsidiary controlled by the company, from shareholders Zong Ji, Shanghai Qinbao Investment Partnership Enterprise (Limited Partnership), Shanghai He Niu Investment Partnership Enterprise (Limited Partnership), and Shanghai Younenghuisi Biological Technology Co., Ltd. (hereinafter referred to as the "counterparty" or "transferor") at a price of 0 yuan. As the controlling shareholder of Xingyuntianxia, the company has the right of first refusal. After careful analysis and consideration for the management of the subsidiary in the future, the company has decided to exercise its right of first refusal to acquire the 41.2467% stake in Xingyuntianxia from the transferor at a price of 0 yuan. The two parties signed a "Equity Transfer Agreement" on January 10, 2025. After the completion of this transaction, the company will hold 92.1449% of the shares of Xingyuntianxia, which will remain a subsidiary controlled by the company.

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