Shanghai Muxin-Muxin Qingtong No. 1 Private Securities Investment Fund managed by Shanghai Muxin Asset Management Co Ltd signed Share Transfer Agreement to acquire 5.9% stake in TianYu Eco-Environment Co., Ltd. from Luo Weiguo for approximately CNY 150 million.
June 04, 2021
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Shanghai Muxin-Muxin Qingtong No. 1 Private Securities Investment Fund managed by Shanghai Muxin Asset Management Co Ltd signed Share Transfer Agreement to acquire 5.9% stake in TianYu Eco-Environment Co., Ltd. (SHSE:603717) from Shi Dongwei for approximately CNY 150 million on June 3, 2021. Shanghai Muxin Asset will acquire 14.3 million shares at CNY 10.31 per share.
TianYu Eco-Environment Co., Ltd., formerly Tianyu Ecology and Landscape Co., Ltd., is a China-based company principally involved in the design of landscape ecosystem engineering, construction and maintenance, as well as cultivation of nursery stocks. The Company operates through three main segments. The Landscape Ecosystem Engineering segment is mainly involve in the garden greening engineering, restoration of ecological wetlands, municipal garden and road greening, as well as restoration of slopes and curbs. The Landscape Architecture Design segment is primarily involved in the design of ecological garden engineering. The Other Business segment is primarily involved in the operation and management of construction maintenance, as well as cultivation of nursery stocks.
Shanghai Muxin-Muxin Qingtong No. 1 Private Securities Investment Fund managed by Shanghai Muxin Asset Management Co Ltd signed Share Transfer Agreement to acquire 5.9% stake in TianYu Eco-Environment Co., Ltd. from Luo Weiguo for approximately CNY 150 million.
TIANYU ECO-ENVIRONMENT CO.,LTD 
