Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd.
Wenchang Baoyu Investment Co., Ltd. agreed to acquire Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd. (SZSE:002707) on December 24, 2021. In related transaction Wenchang Baoyu Investment Co., Ltd. is acquiring Zhongqixin Financial Leasing from Hainan Zhongxin Online Shopping Technology Co., Ltd., the Total Transaction consideration paid is CNY 180 million. Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan reported Total assets CNY 219.6 million and Total Common equity of CNY 193.6 million in September 30, 2023.
Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd. (SZSE:002707) on December 07, 2023.
UTour Group Co Ltd is a China-based company mainly engaged in the provision of tourism services. The Company operates four segments. The Tourism Wholesale segment provides a series of theme products and other service products. The Tourism Retail segment operates tourism product stores across the country. The Integrated Marketing Services segment is engaged in public relation activity creativity, resource integration, design and production construction, and brand promotion business. The Other Industries segment is engaged in outbound comprehensive services. The Company mainly conducts businesses within the domestic market.
Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd.
