Zheng Kuan, Senior Manager of Beijing Mainstreets Investment and Beijing Xingrun Hongcheng Investment Management Co., Ltd signed an agreement to acquire 14.82% stake in Beijing Mainstreets Investment Group Corporation (SZSE:000609) from Beijing Zhongbei Energy Technology Co., Ltd. for approximately CNY 160 million in cash on January 15, 2014. Beijing Zhongbei Energy Technology Co., Ltd. will transfer 23.25 million shares amounting to 7.8% stake to Beijing Xingrun Hongcheng for CNY 83.24 million and Beijing Zhongbei Energy Technology Co., Ltd. will transfer 20.93 million shares amounting to 7.02% stake to Zheng Kuan for CNY 74.92 million. Within 10 days from the target asset delivery completion date, the one-time payment must be completed.
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- Zheng Kuan, Senior Manager of Beijing Mainstreets Investment and Beijing Xingrun Hongcheng Investment Management Co., Ltd signed an agreement to acquire 14.82% stake in Beijing Mainstreets Investment Group Corporation from Beijing Zhongbei Energy Technology Co., Ltd. for approximately CNY 160 million.