China Jinmao (00817) plans to acquire Shanghai Zongmao Class B limited partnership shares held by Huafu Securities for 966 million yuan

Zhitongcaijing · 10/15 12:17

Zhitong Finance App News, China Jinmao (00817) announced that on October 15, 2024, Shanghai Zongmao, Jinmao Group, an indirect wholly-owned subsidiary of the company, signed a limited partnership property share transfer agreement with Huafu Securities. According to this, Jinmao Group finally chose the two priority acquisition targets, that is, Jinmao Group will acquire the underlying assets (that is, the Shanghai Class B limited partnership share (representing the special plan) held by Huafu Securities (representing the special plan)), with a total consideration of RMB 9.66 100 million yuan.

After the transaction is completed, Shanghai Zongmao will be wholly owned by the company indirectly.