Zhu Mi Group: Plans to Issue Shares and Pay Cash to Acquire 49% Equity of a Tax-exempt Company
2026-11-11 18:43:28
According to CoinMeta, Zhuhai Tax-Free Group announced that the company has signed an "Intention Agreement" with Zhuhai Investment Holding Co., Ltd. and Zhuhai Kangge Investment Co., Ltd., planning to purchase 26% of the equity in Zhuhai Tax-Free Enterprise Group Co., Ltd. held by Haitou Company and 23% of the equity in the tax-free company held by Kangge Investment through the issuance of shares and payment of cash, as well as to raise matching funds. The company currently holds 51% of the equity in the tax-free company. After this transaction is completed, the tax-free company will become a wholly-owned subsidiary. This transaction constitutes a related party transaction and is expected to be a major asset reorganization. It will not lead to a change in the controlling shareholder or actual controller, nor will it constitute a reorganization for listing. The company's stock will be suspended from trading starting November 12, 2026, with the suspension expected to last no more than 10 trading days.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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