Shenzhen Zhaojin Metal Network Trading Co., Ltd. and Hainan Dongfang Zhaojin Mining Industry Company Limited agreed to acquire 4.58% stake in Shenzhen Hongtao Group Co.,Ltd from Liu Nianxin for approximately CNY 120 million on January 31, 2024.
Shenzhen Zhaojin Metal Network Trading Co., Ltd. and Hainan Dongfang Zhaojin Mining Industry Company Limited cancelled the acquisition of 4.58% stake in Shenzhen Hongtao Group Co.,Ltd from Liu Nianxin on June 17, 2024.