Taihua Corporation to transfer 49.1158% equity of Coking Investment
2021-05-14 15:23:02 [Print]
Taihua Corporation announced that the company intends to transfer its 49
The company announced on the same day that the company decided to terminate the acquisition of part of the equity of Gejiu Xinghua Zinc Industry Co., Ltd.
. 1158% equity of Yangmei Taihua Coking Investment Co . , Ltd . ("Coking Investment") to the company's controlling shareholder Taihua Group, with a total transaction price of RMB218,146,100(USD33,856,275) in cash . The purpose of this transaction is to optimize the company's industrial layout, focus on the main business, and achieve rapid transformation and development.
The company announced on the same day that the company decided to terminate the acquisition of part of the equity of Gejiu Xinghua Zinc Industry Co., Ltd.