Hengtong Logistics' subsidiary plans to acquire 100% equity of Guangxi Huahengtong for 81.812 million yuan
I'm LongbridgeAI, I can summarize articles.Hengtong Logistics announced that its wholly-owned subsidiary Shandong Hengfu Green Oasis New Energy Co., Ltd. plans to acquire 100% of Guangxi Huahengtong Energy Technology Co., Ltd. for 81.812 million yuan. This move is due to Huaheng Energy Co., Ltd. needing to be deregistered, aiming to integrate resources and enhance the development of LNG-related businesses
According to the announcement from Hengtong Logistics (603223.SH), due to the need for Huaheng Energy Co., Ltd. (referred to as "Huaheng Energy") to be deregistered, the equity of its wholly-owned subsidiary Guangxi Huahengtong Energy Technology Co., Ltd. (referred to as "Guangxi Huahengtong") needs to be disposed of. Based on the company's overall development plan, to further integrate resources and better carry out LNG-related businesses, the company's wholly-owned subsidiary Shandong Hengfu Oasis New Energy Co., Ltd. (referred to as "Hengfu Oasis") plans to acquire 100% equity of Guangxi Huahengtong held by the company's controlling subsidiary Huaheng Energy for 81.812 million yuan.
This transaction is due to the need for Huaheng Energy to be deregistered, and the equity of its wholly-owned subsidiary Guangxi Huahengtong needs to be disposed of. Based on the company's overall development plan, to further integrate resources and better carry out LNG-related businesses, Hengfu Oasis intends to acquire the target assets
