Nanchang Traffic Investment Taxi Tourism Transportation Group Co., Ltd. completed the acquisition of Jiangxi Changyun Taxi Co., Ltd. from Jiangxi Changyun Co., Ltd..
June 26, 2024
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Nanchang Traffic Investment Taxi Tourism Transportation Group Co., Ltd. agreed to acquire Jiangxi Changyun Taxi Co., Ltd. from Jiangxi Changyun Co., Ltd. (SHSE:600561) for CNY 53.9 million on April 18, 2024. Jiangxi Changyun Taxi Co., Ltd. reported Total assets worth CNY 71.4 million, EBIT of CNY 20.8 million and Total common equity of CNY 48.2 million in December 31, 2023.Transaction has already been approved by Jiangxi Changyun Co., Ltd's board of directors and is still subject to approval from Jiangxi Changyun's shareholders. As of May 22, 2024,, the transaction has been approved by shareholders of Jiangxi Changyun.
Nanchang Traffic Investment Taxi Tourism Transportation Group Co., Ltd. completed the acquisition of Jiangxi Changyun Taxi Co., Ltd. from Jiangxi Changyun Co., Ltd. (SHSE:600561) on June 27, 2024.
Jiangxi Changyun Co., Ltd. is a China-based company principally engaged in the road passenger transportation businesses in China. The Company mainly operates through three business segments: the Jiangxi Region, the Anhui Region and the Shenzhen Region. The Company is also involved in the road freight transportation, travel and leasing businesses through its subsidiaries. The Company mainly operates its businesses in Jiangxi Province and Anhui Province.