Kanhoo Industry: Agrees Gree Financial Investment's Shareholding Ratio not Exceed 22.90% of Total Share Capital

Published: Feb 8, 2023 12:00
On February 7, Keheng Co., Ltd. announced that it agreed Zhuhai Gree Financial Investment Management Co., Ltd. to acquire all the shares issued by Keheng Co., Ltd. to specific targets at an average price of no more than 9.27 yuan per share and a total investment of no more than 600 million yuan.

On February 7, Keheng Co., Ltd. announced that it agreed Zhuhai Gree Financial Investment Management Co., Ltd. to acquire all the shares issued by Keheng Co., Ltd. to specific targets at an average price of no more than 9.27 yuan per share and a total investment of no more than 600 million yuan. Zhuhai Gree Financial Investment Management Co. will become the controlling shareholder of Keheng shares, and its shareholding ratio does not exceed 22.90% of the total share capital after the issuance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Kanhoo Industry: Agrees Gree Financial Investment's Shareholding Ratio not Exceed 22.90% of Total Share Capital - Shanghai Metals Market (SMM)