Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management Co., Ltd. completed the acquisition of a 4.6% stake in Shen Zhen Shengxunda Technology Co.,Ltd from Chen Yongrui.
July 25, 2022
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Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management Co., Ltd. agreed to acquire a 4.6% stake in Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) from Chen Yongrui for approximately CNY 210 million on July 7, 2022. 4,680,067 shares will acquire at CNY 45.05 per share.
Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management Co., Ltd. completed the acquisition of a 4.6% stake in Shen Zhen Shengxunda Technology Co.,Ltd (SZSE:300518) from Chen Yongrui on July 25, 2022. Post completion, Liangyuan Yurun No. 1 Private Securities Investment Fund, managed by Shanghai Liangyuan Asset Management now owns 4.6% stake and Chen Yongrui holds 28.13% stake in Shen Zhen Shengxunda.
Guangxi Xinxunda Technology Group Co Ltd, formerly Shen Zhen Shengxunda Technology Co Ltd, is a China company mainly engaged in Internet business. The Company conducts its business through seven segments: Game Business segment, Telecommunications Value-added Business segment, Lithium Mining Business segment, Leasing Business segment, Internet Live Broadcast Business segment, Internet E-commerce Direct Sales Business and Internet Advertising Agency Business segment. The Company mainly operates its businesses in the domestic market.
GUANGXI XINXUNDA TECHNOLOGY GROUP CO., LTD. 
