Zhongyuan Environmental Protection: It plans to publicly delist and acquire 100% equity of Gewo Environmental Protection for 133 million yuan.
Zhongyuan Environmental Protection announced that its previous proposal to acquire 100% equity of Zhengzhou Gewo Environmental Protection Development Co., Ltd. through public delisting has been approved by the board of directors. Recently, the company confirmed that it is the recipient, and the transaction price is 133.06 million yuan. The company has signed a transfer contract with the transferor, Zhengzhou State-owned Assets Supervision and Administration Commission, and will make a one-time payment within 5 working days of the contract taking effect. Within the specified time after the contract takes effect, the transferor will hand over documents and assist in completing the business registration changes. However, this transaction still requires payment of the price and processing of the registration changes, and there is uncertainty.
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