Quzhou Xin'an Caitong Smart Manufacturing Equity Investment Partnership Enterprise (Limited Partnership) agreed to acquire a 10.22% stake in Xinhu Zhongbao Co.,Ltd. (SHSE:600208) from Zhejiang Xinhu Group Co., Ltd. for CNY 2.3 billion on February 21, 2023. Under the terms, Quzhou Xin'an will acquire 859 million shares at a price of CNY 2.64 per share in cash.
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- Quzhou Xin'an Caitong Smart Manufacturing Equity Investment Partnership Enterprise (Limited Partnership) agreed to acquire a 10.22% stake in Xinhu Zhongbao Co.,Ltd. from Zhejiang Xinhu Group Co., Ltd. for CNY 2.3 billion.