Shanghai Jingyou New Energy Co., Ltd. signed a Share Transfer Agreement to acquire a 11.45% stake in Kehua Holdings Co.,Ltd (SHSE:603161) from Hongmin and Chen Xiaoke for approximately CNY 340 million on August 31, 2023. Under the terms, Shanghai Jingyou New Energy will pay CNY 68.7 million within 7 working days of the agreement effective date, CNY 103.1 million within 5 working after the Shanghai Stock Exchange reviews the transfer and receives a confirmation document from the Shanghai Stock Exchange, CNY 137.4 million within 5 working from the transfer completion and the remaining CNY 34.4 million before August 31, 2024. Post completion, Shanghai Jingyou New Energy will hold 11.45% stake, Chen Hongmin will hold 20.56% stake and Chen Xiaoke will hold 2.96% stake in Kehua Holdings.
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5-day change | 1st Jan Change | ||
16.52 CNY | +0.98% | +2.61% | +3.38% |
1st Jan change | Capi. | |
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+3.38% | 309M | |
+22.52% | 48.71B | |
-8.67% | 22.29B | |
+16.87% | 19.12B | |
+27.60% | 16.89B | |
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+34.56% | 12.13B | |
+39.18% | 10.92B |
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- Shanghai Jingyou New Energy Co., Ltd. signed a Share Transfer Agreement to acquire a 11.45% stake in Kehua Holdings Co.,Ltd from Hongmin and Chen Xiaoke for approximately CNY 340 million.