ST Lanhuang (000929.SZ) plans to acquire a controlling stake in Yi Wang Fruit Juice, which specializes in the production of concentrated apple juice.

Financial news from Wisdom Finance APP, *ST Lanhong (000929.SZ) announced that the company plans to acquire 50.6329% of the equity of Yiwang Fruit Juice Co., Ltd. (abbreviated as "Yiwang Fruit Juice") held by Xi'an Chunguo Beverage Co., Ltd. (abbreviated as "Xi'an Chunguo") at a price of 0 RMB (corresponding to a registered capital of 5 million RMB, and has not yet fulfilled the obligation to contribute funds), and use its own or self-raised funds of 26.9175 million RMB to fulfill all the corresponding contribution obligations under the acquired equity. After the transaction is completed, Yiwang Fruit Juice will become a controlling subsidiary of the company.