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January 3rd A-share investment lightning rod︱Hangzhou Gaoxin: Termination of acquisition of 51% shares of Sun High-tech held by Hangzhou Ruixin; Shandong Huapeng: Cumulative debt overdue of approximately 0.786 billion yuan.
Jiangsu Lihua Animal Husbandry: Shareholder Tianming Agriculture has cumulatively reduced its shareholding by 1.06%.
The sold subsidiaries cannot be bought back, Hangzhou Gaoxin Rubber & Plastic Materials' "return flow" acquisition plan is terminated | Brief announcement.
① Hangzhou Gaoxin Rubber & Plastic Materials announced this evening the termination of the plan to acquire 51% of Sun Gao Xin's shares; ② In 2017, Hangzhou Gaoxin Rubber & Plastic Materials invested to Hold 51% of Sun Gao Xin's shares, later sold in April 2020; ③ The legal representative and chairman of the trading party Hangzhou Ruixin previously served as a Director and General Manager at Hangzhou Gaoxin Rubber & Plastic Materials.
Express News | Hangzhou Gaoxin Rubber & Plastic Materials: The company has terminated the acquisition of 51% of the shares of Hangzhou Ruixin held by Taiming Gaoxin.
Express News | More than 20 A-share listed companies disclosed their latest merger and acquisition announcements this week. Dark Horse Technology Group intends to purchase 100% equity of Banxintong.
Hangzhou Gaoxin Rubber & Plastic Materials plans to acquire a competing company. Frequent changes in executives have led to a significant decline in performance | Quick read of the announcement.
① Hangzhou Gaoxin is planning to acquire 51% of the shares of Sun Gaoxin by paying Cash for Assets. ② The company states that Sun Gaoxin has a high degree of synergy with the company's main Business, which is beneficial for enhancing the company's overall competitiveness. ③ Hangzhou Gaoxin has been operating poorly since 2019, with multiple losses reported.
Express News | Hangzhou Gaoxin Rubber & Plastic Materials: Planning to acquire 51% of the shares of Sun Gao Xin held by Hangzhou Ruixin by paying Cash / Money Market.
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