Tianshui Zhongxing Bio-technology Co.,Ltd. cancelled the acquisition of Guizhou Moutai Shengjiao Wine Industry Co., Ltd. from Liu Liangyue and Liu Jian.
August 25, 2021
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Tianshui Zhongxing Bio-technology Co.,Ltd. (SZSE:002772) signed a letter of intent to acquire Guizhou Moutai Shengjiao Wine Industry Co., Ltd. from Liu Liangyue and Liu Jian on June 20, 2021. The consideration is paid in cash.
Tianshui Zhongxing Bio-technology Co.,Ltd. (SZSE:002772) cancelled the acquisition of Guizhou Moutai Shengjiao Wine Industry Co., Ltd. from Liu Liangyue and Liu Jian on August 25, 2021. After the signing of the intent agreement, The company actively carried out due diligence work, hired BDO China Shu Lun Pan Certified Public Accountants (special general partnership) as the audit agency for this acquisition, and entrusted Grandall (Beijing) Law Firm As the legal counsel for this acquisition.
Tianshui Zhongxing Bio-technology Co., Ltd. is principally engaged in the research and development, production and sale of edible mushroom. The Company's edible mushroom products include enoki mushroom, king oyster mushroom and beech mushroom. Through its subsidiaries, the Company also involves in the production and sale of edible mushroom, medicinal mushroom and auxiliary materials, research and development, application and promotion of microbial technology, biological engineering technology and new agricultural technologies, as well as the manufacture, process and distribution of agricultural by-products.
Tianshui Zhongxing Bio-technology Co.,Ltd. cancelled the acquisition of Guizhou Moutai Shengjiao Wine Industry Co., Ltd. from Liu Liangyue and Liu Jian.