Shanghai Jingyou New Energy Co., Ltd. signed a Share Transfer Agreement to acquire a 11.45% stake in Kehua Holdings Co.,Ltd (SHSE:603161) from Hongmin and Chen Xiaoke for approximately CNY 340 million on August 31, 2023. Under the terms, Shanghai Jingyou New Energy will pay CNY 68.7 million within 7 working days of the agreement effective date, CNY 103.1 million within 5 working after the Shanghai Stock Exchange reviews the transfer and receives a confirmation document from the Shanghai Stock Exchange, CNY 137.4 million within 5 working from the transfer completion and the remaining CNY 34.4 million before August 31, 2024. Post completion, Shanghai Jingyou New Energy will hold 11.45% stake, Chen Hongmin will hold 20.56% stake and Chen Xiaoke will hold 2.96% stake in Kehua Holdings.
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5-day change | 1st Jan Change | ||
16.53 CNY | 0.00% | +1.29% | +3.44% |
29/04 | Kehua Holdings Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
16/04 | Kehua Holdings Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
1st Jan change | Capi. | |
---|---|---|
+3.44% | 310M | |
+22.24% | 48.55B | |
-7.74% | 22.52B | |
+29.45% | 20.68B | |
+35.73% | 17.83B | |
-4.22% | 14.92B | |
-18.11% | 13.48B | |
-20.85% | 13.11B | |
+34.67% | 12.1B | |
+36.99% | 10.73B |
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- Shanghai Jingyou New Energy Co., Ltd. signed a Share Transfer Agreement to acquire a 11.45% stake in Kehua Holdings Co.,Ltd from Hongmin and Chen Xiaoke for approximately CNY 340 million.