Jiangsu Hengshun Group Company Ltd. agreed to acquire 9% stake in Zhenjiang Dantu District Guojin Rural Microcredit Co., Ltd. from Jiangsu Hengshun Vinegar-Industry Co.,Ltd (SHSE:600305) for approximately CNY 14 million on March 28, 2022. As of November 30, 2021, Zhenjiang Dantu District Guojin Rural Microcredit reported total assets of CNY 150.9 million and net assets of CNY 115.1 million. Jiangsu Hengshun Vinegar-Industry Co.,Ltd.'s board of directors approved the transaction.
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- Jiangsu Hengshun Group Company Ltd. agreed to acquire 9% stake in Zhenjiang Dantu District Guojin Rural Microcredit Co., Ltd. from Jiangsu Hengshun Vinegar-Industry Co.,Ltd for approximately CNY 14 million.