Shanghai Meiyi Enterprise Management Consulting Partnership (Limited Partnership) completed the acquisition of 8.55% stake in Zhejiang Jinlihua Electric Co., Ltd. from Hangzhou Jinlong Jiawo Investment Management Partnership (Limited Partnership).
January 22, 2019
Share
Shanghai Meiyi Enterprise Management Consulting Partnership (Limited Partnership) signed an equity transfer agreement to acquire 8.55% stake in Zhejiang Jinlihua Electric Co., Ltd. (SZSE:300069) from Hangzhou Jinlong Jiawo Investment Management Partnership (Limited Partnership) for CNY 95.4 million on December 26, 2018. Hangzhou Jinlong Jiawo Investment Management Partnership (Limited Partnership) will sell 10 million unrestricted shares of Zhejiang Jinlihua Electric Co., Ltd.
Shanghai Meiyi Enterprise Management Consulting Partnership (Limited Partnership) completed the acquisition of 8.55% stake in Zhejiang Jinlihua Electric Co., Ltd. (SZSE:300069) from Hangzhou Jinlong Jiawo Investment Management Partnership (Limited Partnership) on January 23, 2019.
Jinlihua Electric Co Ltd, formerly Zhejiang Jinlihua Electric Co Ltd, is a China-based company principally engaged in the research, development, manufacture, sales of glass insulators, and provision of related technical services. The Companyâs main products include glass insulators for high-voltage, ultra high-voltage and special high-voltage alternating current (AC) and direct current (DC) electric power transmission and transformation lines, including standard type insulators, fog type suspension insulators, open air profile type suspension insulators, and cap and pin type suspension insulators, as well as ceramic insulators. The Companyâs products are mainly used in insulation and suspension wires of power transmission lines. In addition, the Company is also engaged in the operation of drama, television shows and movies through its subsidiaries.
JINLIHUA ELECTRIC CO., LTD. 
