Tianhao Investment Group Co., Ltd. and Top Resource Conservation & Environment Corp. acquired Beijing Yingrun Technology Co., Ltd from Hengyintong Information Technology Co., Ltd. for CNY 59.2 million.
April 14, 2021
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Tianhao Investment Group Co., Ltd. and Top Resource Conservation & Environment Corp. (SZSE:300332) acquired Beijing Yingrun Technology Co., Ltd from Hengyintong Information Technology Co., Ltd. for CNY 59.2 million on April 13, 2021. As a part of the transaction, the first payment of CNY 20 million will be paid within three working days after this agreement comes into effect and the remaining amount will be paid three days post the completion of the transaction. Beijing Yingrun reported total assets of CNY 46.9 million and net assets of CNY 46.8 million as of March 31, 2021. The transaction has been approved by the Board of Cashway on April 13, 2021.
Tianhao Investment Group Co., Ltd. and Top Resource Conservation & Environment Corp. (SZSE:300332) completed the acquisition of Beijing Yingrun Technology Co., Ltd from Hengyintong Information Technology Co., Ltd. on April 13, 2021.
Top Resource Energy Co Ltd, formerly Top Resource Conservation & Environment Corp, is a China-based company principally engaged in the natural gas supply and related equipment installation, as well as the contract energy management of cogeneration projects. Its cogeneration businesses include the investment, construction and operation of cogeneration power plants, the utilization of excess heat and pressure in gas pipeline pressuring stations, as well as the provision of contracting and technical services for cogeneration projects. The Company also provides contracting and technical services for flue-gas treatment projects, Internet financial information services and commodity sales services. The Company mainly operates its businesses in domestic market.
Tianhao Investment Group Co., Ltd. and Top Resource Conservation & Environment Corp. acquired Beijing Yingrun Technology Co., Ltd from Hengyintong Information Technology Co., Ltd. for CNY 59.2 million.