Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. from Shanghai Yuyuan Tourist Mart Co., Ltd..
November 24, 2022
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Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. (SHSE:603919) from Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. (SHSE:600655) for approximately CNY 700 million on September 2, 2022.
Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. (SHSE:603919) from Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. (SHSE:600655) on November 25, 2022. Post acquisition, Shanghai Yuyuan Tourist Mart holds 25% stake in JINHUI LIQUOR Co.
JINHUI LIQUOR Co., Ltd. is a China-based company engaged in the manufacture and sales of spirits. The Company's major product is Chinese strong aromatic spirits, including Jinhui and Longnanchun two brands, covering series, such as Jinhui Nianfen, Zhengnengliang, Rouhe Jinhui, Jinhui Xingji, Jianghuicang, Jinhui Yuanjiang, Jinhui Chenxiang and Longnanchun, among others.
Longnan Kelite Investment Management Center (Limited Partnership) agreed to acquire 5% stake in JINHUI LIQUOR Co.,Ltd. from Shanghai Yuyuan Tourist Mart Co., Ltd..
JINHUI LIQUOR CO.,LTD. 
