Jinyan Songyun Enterprise Management Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd.
December 04, 2022
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Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) agreed to acquire a 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. for CNY 1.6 billion on November 17, 2022. Under the terms, Jinyan Songyun Enterprise will acquire 131,000,000 shares at CNY 12.16 per share.
Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. on December 5, 2022.
Songcheng Performance Development Co., Ltd is a China-based company principally engaged in the cultural entertainment and pan entertainment business. The Companyâs main businesses include live entertainment, Internet entertainment and tourism. The Company is also involved in the provision of cultural shows, ancient workshop shows, folk performances, ancient recreation reactive and cultural theme activities, among others. The Company operates its business mainly in Hangzhou, Zhejiang Province, Sanya, Hainan Province, Lijiang, Yunnan Province and Beijing, China.
Jinyan Songyun Enterprise Management Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd.
SONGCHENG PERFORMANCE DEVELOPMENT CO.,LTD 
