Kibo Hengdao No. 1 Private Securities Investment Fund, managed by Shanghai Kaibo Private Equity Fund Management Co., Ltd. completed the acquisition of 5.99% stake in LD Intelligent Technology CO., Ltd from Zhang Yunxue.
April 12, 2024
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Kibo Hengdao No. 1 Private Securities Investment Fund, managed by Shanghai Kaibo Private Equity Fund Management Co., Ltd. entered into a share transfer agreement to acquire 5.99% stake in LD Intelligent Technology CO., Ltd (SZSE:300883) from Zhang Yunxue for CNY 110 million on February 26, 2024.
Kibo Hengdao No. 1 Private Securities Investment Fund, managed by Shanghai Kaibo Private Equity Fund Management Co., Ltd. completed the acquisition of 5.99% stake in LD Intelligent Technology CO., Ltd (SZSE:300883) from Zhang Yunxue on April 12, 2024.
LD Intelligent Technology Co Ltd is a company mainly engaged in design, production and sales of cartons. The Company's primary products are corrugated boxes. The products are used as packaging in food and beverage, daily chemical, household chemicals, grain and oil, home office, electronic equipment, medicine and medical industries. The Company also provides corrugated cardboard and base paper, such as single-sided corrugated cardboard, three-layer single-corrugated cardboard and five-layer double-corrugated cardboard. The Company sells its products to both domestic and international markets, including the United States, Australia and Canada.