Beijing Yize Sunshine Industrial Co., Ltd. completed the acquisition of 70% stake in Inner Mongolia Meifang Coal Coking Co., Ltd. from Beijing Haixin Energy Technology Co.,Ltd..
December 26, 2023
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Beijing Yize Sunshine Industrial Co., Ltd. agreed to acquire 70% stake in Inner Mongolia Meifang Coal Coking Co., Ltd. from Beijing Haixin Energy Technology Co.,Ltd. (SZSE:300072) for CNY 1.3 billion on November 7, 2023. Beijing Yize Sunshine Industrial Co., Ltd. signed the property rights transaction contract to acquire 70% stake in Inner Mongolia Meifang Coal Coking Co., Ltd. from Beijing Haixin Energy Technology Co.,Ltd. (SZSE:300072) for CNY 1.3 billion on December 6, 2023. The transaction is approved by board of directors of Beijing Haixin Energy Technology Co.,Ltd. and is subject to shareholders approval of Beijing Haixin Energy Technology Co.,Ltd. As of December 25, 2023, the transaction is approved by board of directors of Beijing Haixin Energy Technology Co.,Ltd. As of June 30, 2023, Inner Mongolia Meifang Coal Coking Co., Ltd. generated total assets of CNY 2.19 billion and net assets, Beijing Ocean Law Firm acted as legal advisor to Beijing Haixin Energy Technology Co.,Ltd. and Hengtai Changcai Securities Co., Ltd. acted as Financial advisor to Beijing Haixin Energy Technology Co.,Ltd.
Beijing Yize Sunshine Industrial Co., Ltd. completed the acquisition of 70% stake in Inner Mongolia Meifang Coal Coking Co., Ltd. from Beijing Haixin Energy Technology Co.,Ltd. (SZSE:300072) on December 26, 2023.
Beijing Sanju Environmental Protection & New Materials Co., Ltd. specializes in the research, development and marketing of catalysts and desulfurizing agents for use in the oil, gas, petrochemical, energy and environmental services industries. Also, the group offers technical consulting and design engineering services.