Huasu Holdings plans to acquire 51% equity of Liulin Hangtai for 20.4 million yuan
Huasu Holdings announced that its wholly-owned subsidiary Hubei Carbon Space Technology Co., Ltd. will acquire 51% equity of Liulin Hangtai held by Shanxi Aerospace Guotai Clean Energy Co., Ltd. for 20.4 million yuan. This transaction aims to promote the company's "carbon governance" business development, and upon completion, Carbon Space will become the controlling shareholder of Liulin Hangtai
According to the Zhitong Finance APP, Huasu Holdings (000509.SZ) announced that to continuously promote the development of its "carbon governance" business and achieve new breakthroughs in the comprehensive utilization of coal mine gas, its wholly-owned subsidiary Hubei Carbon Space Technology Co., Ltd. (hereinafter referred to as "Carbon Space") signed a "Share Transfer Agreement" with Shanxi Aerospace Guotai Clean Energy Co., Ltd. (hereinafter referred to as "Aerospace Guotai") on December 27, 2024. Carbon Space intends to acquire 51% of the equity held by Aerospace Guotai in Liulin County Hangtai Clean Energy Co., Ltd. (hereinafter referred to as "Liulin Hangtai" or "target company") for 20.4 million yuan. Upon completion of this transaction, Carbon Space will hold 51% of the equity of the target company, becoming the controlling shareholder of the target company, which will become a consolidated subsidiary within the company's financial statements
