Meng Xianglong completed the acquisition of 2.60% stake in D&O Home Collection Group Co.,LTD.
July 27, 2023
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Meng Xianglong signed share transfer agreement to acquire 2.60% stake in D&O Home Collection Group Co.,LTD (SZSE:002798) for CNY 49.3 million on July 11, 2023. As per the transaction, Meng Xianglong will acquire 10 million shares at CNY 4.92 per share.
Meng Xianglong completed the acquisition of 2.60% stake in D&O Home Collection Group Co.,LTD (SZSE:002798)on July 27, 2023.
D&O Home Collection Group Co Ltd, formerly D&O Home Collection Co Ltd, is a China-based company mainly engaged in the research and development, design, manufacture and sales of ceramic wall and floor tiles. The Company operates in three segments. Ceramic Wall and Floor Tiles segment mainly produces architectural ceramics. Sanitary Ware segment is mainly engaged in the development, production and sales of sanitary ware under the Emperor brand. Acrylic Sheet segment is mainly engaged in the development of acrylic products. The Company's main products include various types of ceramic tiles, bathroom cabinets, toilets, bathtubs, shower heads and others. The Company conducts its businesses in the domestic market.