XINLI FINANCE plans to acquire the equity of minority shareholders in its controlling subsidiary Derun Leasing and Deshan Microfinance
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XINLI FINANCE plans to acquire 5.25 million shares of Derun Leasing for cash of 7.371 million yuan, and to acquire 3.5 million shares of Deshan Microfinance for cash of 5.3886 million yuan. After the transaction, the equity ratio of Derun Leasing will increase to 59.9235%, and the equity ratio of Deshan Microfinance will increase to 57.5682%. This move aims to enhance the company's control over its holding subsidiaries, optimize the equity structure, and strengthen profitability
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