The Wuhan Yangtze International Trade Acquisition of Liangpinpuzi Equity Case has been accepted for filing.
According to the website of the State Administration for Market Regulation's business concentration anti-monopoly system, on August 28th, the acquisition of shares of Liangpinpu Co., Ltd. by Wuhan Changjiang International Trade Group Co., Ltd. entered the review stage. According to the public notice of the simplified cases of business concentration, Wuhan Changjiang International Trade Group Co., Ltd., Ningbo Liangpin Investment Management Co., Ltd., and Dayong Co., Ltd. signed an agreement to acquire a total of 29.99% of the shares of Liangpinpu Co., Ltd. Before the transaction, Ningbo Hanyi held 35.23% of shares in Liangpinpu, and independently controlled Liangpinpu. After the transaction, Changjiang Guomao will hold 29.99% of the shares of Liangpinpu and independently control Liangpinpu.
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