Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) agreed to acquire a 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. for CNY 1.6 billion on November 17, 2022. Under the terms, Jinyan Songyun Enterprise will acquire 131,000,000 shares at CNY 12.16 per share.
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- Jinyan Songyun Enterprise Management Partnership Enterprise (Limited Partnership) agreed to acquire a 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. for CNY 1.6 billion.