Shanghai Tongda Venture Capital Co., Ltd. cancelled the acquisition of Tibet Xianfeng Green Energy Environmental Technology from Chengdu Weiming Boya Equity Investment Fund Management Co., Ltd., Sichuan Mingxin Energy Group Co., Ltd., Wang Tao and Lu Zhonglan.
November 29, 2022
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Shanghai Tongda Venture Capital Co., Ltd. (SHSE:600647) agreed to acquire Tibet Xianfeng Green Energy Environmental Technology from Chengdu Weiming Boya Equity Investment Fund Management Co., Ltd., Sichuan Mingxin Energy Group Co., Ltd., Wang Tao and Lu Zhonglan on August 1, 2022. As of December 31,2021, Tibet Xianfeng Green Energy Environmental Technology reported a Total revenue of CNY 404.1501 million, Total assets of CNY 749.7932, Net income of CNY 68.8526 million and Total Common equity of CNY 334.9086 million. The transaction is subject to approval by acquirer's board and shareholder. The transaction is also subject to regulatory body. The board of directors of Shanghai Tongda Venture Capital approved the transaction on August 1.
Shanghai Tongda Venture Capital Co., Ltd. (SHSE:600647) cancelled the acquisition of Tibet Xianfeng Green Energy Environmental Technology from Chengdu Weiming Boya Equity Investment Fund Management Co., Ltd., Sichuan Mingxin Energy Group Co., Ltd., Wang Tao and Lu Zhonglan on November 30, 2022. The board of Shanghai Tongda Venture Capital has approved the termination of deal.
Shanghai Tongda Venture Capital Co Ltd is a China-based company primarily engaged in real estate development and sales. The Company operates its businesses through three segments. The Trading segment is mainly engaged in the trading business of building materials. The Real Estate segment is principally engaged in the development and sales of real estate. The Operating Property Leasing segment is mainly engaged in property leasing. The Company mainly operates its businesses in the domestic market.
Shanghai Tongda Venture Capital Co., Ltd. cancelled the acquisition of Tibet Xianfeng Green Energy Environmental Technology from Chengdu Weiming Boya Equity Investment Fund Management Co., Ltd., Sichuan Mingxin Energy Group Co., Ltd., Wang Tao and Lu Zhonglan.