Shanghai Golden Union Business Management Co., Ltd. signed a letter of intent to acquire stakes in Shanghai Yizheng Zhongchuang Space Management Co., Ltd., Shanghai Haoyi Enterprise Management Co., Ltd., and Shanghai Huike Enterprise Development Co., Ltd. from Yicheng Creative Property Management Operation Co., LTD. for up to CNY 120 million.
December 29, 2020
Share
Shanghai Golden Union Business Management Co., Ltd. (SHSE:603682) signed a letter of intent to acquire stakes in Shanghai Yizheng Zhongchuang Space Management Co., Ltd., Shanghai Haoyi Enterprise Management Co., Ltd., and Shanghai Huike Enterprise Development Co., Ltd. from Yicheng Creative Property Management Operation (Shanghai) Co., LTD for up to CNY 120 million on December 28, 2020. Shanghai Golden Union Business Management Co., Ltd. (SHSE:603682) will acquire 100% stakes in Shanghai Yizheng Zhongchuang Space Management Co., Ltd. and Shanghai Haoyi Enterprise Management Co., Ltd. each and 49% stake in Shanghai Huike Enterprise Development Co., Ltd. The estimated transaction amount is between CNY 100 million to CNY 120 million. The transaction includes 180 days of exclusive period.
Shanghai Golden Union Commercial Management Co Ltd is a China-based company mainly engaged in the positioning design, renovation and operation management of industrial parks and creative industrial parks. The Company provides property services such as lease operation, shareholding operation and entrusted operation for medium, small and micro cultural and creative enterprises. The Company mainly conducts its businesses in the domestic market.
Shanghai Golden Union Business Management Co., Ltd. signed a letter of intent to acquire stakes in Shanghai Yizheng Zhongchuang Space Management Co., Ltd., Shanghai Haoyi Enterprise Management Co., Ltd., and Shanghai Huike Enterprise Development Co., Ltd. from Yicheng Creative Property Management Operation Co., LTD. for up to CNY 120 million.
SHANGHAI GOLDEN UNION COMMERCIAL MANAGEMENT CO.,LTD. 
