Baida Group Co.,Ltd (SHSE:600865) signed the equity transfer agreement to acquire 20% stake in Zhejiang Xingan Shiye Investment Management Co., Ltd. from Xinchuang Holding Group Co., Ltd. for CNY 2.16 million on December 21, 2022. Transaction does not need to be submitted to the board of directors and the general meeting of shareholders for consideration. Baida Group Co.,Ltd will use its own funds for the transaction.
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- Baida Group Co.,Ltd signed the equity transfer agreement to acquire 20% stake in Zhejiang Xingan Shiye Investment Management Co., Ltd. from Xinchuang Holding Group Co., Ltd. for CNY 2.16 million.