Deng Hanyin completed the acquisition of a 7.23% stake in Chongqing Sansheng Industrial Co.,Ltd. from Zhou Ting’e.
September 29, 2021
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Deng Hanyin signed the Share Transfer Agreement to acquire a 7.23% stake in Chongqing Sansheng Industrial Co.,Ltd. (SZSE:002742) from Zhou Ting’e for approximately CNY 160 million on August 23, 2021. The Deng Hanyin will acquire 31.2 million shares at price of CNY 5.1 per share. The payment shall be paid by end of August 2021.
Deng Hanyin completed the acquisition of a 7.23% stake in Chongqing Sansheng Industrial Co.,Ltd. (SZSE:002742) from Zhou Ting’e on September 29, 2021. On September 29, 2021, the transfer registration procedures for the transfer were completed at China Securities Depository and Clearing Co., Ltd. Shenzhen Branch.
Chongqing Sansheng Industrial Co.,Ltd., formerly Chongqing Sansheng Industrial Co., Ltd.,is a China-based company principally engaged in the comprehensive utilization and product development of plaster resources and pharmaceutical business. The Company operates through two main segments. The Construction Materials and Chemical Industry segment is mainly involved in the manufacturing and sales of commercial concretes, water reducing agents, expanding agents and sulfuric acids. The Companyâs products are mainly applied in the construction, tunnels, bridges, seaports, roads, chemical fertilizers, chemical engineering, light manufacturing, textiles, steels and others. The Pharmaceutical Business segment is primarily involved in the production, research and development of raw material medicines, preparation products and intermediate products.
CHONGQING SANSHENG INDUSTRIAL CO.,LTD. 
