ST QHHD's subsidiary plans to acquire 100% equity of LuXin DingSheng for 43 million yuan
ST QHHD announced that its holding subsidiary Mangya Yuanxin intends to acquire 100% equity of Luxin Dingsheng for 43 million yuan. This acquisition is based on the good development prospects of Luxin Dingsheng in the natural gas industry, aiming to enhance the company's profitability and provide new growth points for future performance
According to the announcement from *ST Haihua (600243.SH), based on the good development prospects of the natural gas industry and geographical location of Lu Xin Ding Sheng, the company aims to enhance its profitability and provide new growth points for future performance. On the basis of the total equity value of Lu Xin Ding Sheng being RMB 43.014 million (valuation benchmark date May 31, 2025), the company's controlling subsidiary Mangya Yuanxin intends to sign a "Purchase Agreement" with Xu Haibo, Xu Yaoyao, and Lu Xin Ding Sheng, stipulating that the controlling subsidiary Mangya Yuanxin will acquire 100% equity of Lu Xin Ding Sheng for cash of RMB 43 million
