Sunny Loan Top Co.,Ltd. completed the acquisition of 19.9% stake in Zhejiang Huangjinbao Investment Co., Ltd. from Zhejiang Zhongjin Gold Investment Management Co., Ltd.
January 10, 2017
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Sunny Loan Top Co.,Ltd. (SHSE:600830) signed the share transfer agreement to acquire 19.9% stake in Zhejiang Huangjinbao Investment Co., Ltd. from Zhejiang Zhongjin Gold Investment Management Co., Ltd. for CNY million 9.9 million in October 2016. As per the terms, Sunny Loan Top Co.,Ltd. paid CNY 4.4 million in 2016 and CNY 5.6 million in 2017.
Sunny Loan Top Co.,Ltd. (SHSE:600830) completed the acquisition of 19.9% stake in Zhejiang Huangjinbao Investment Co., Ltd. from Zhejiang Zhongjin Gold Investment Management Co., Ltd. on January 11, 2017.
Sunny Loan Top Co Ltd is a China-based company mainly engaged in pawn, guarantee, financial leasing, special assets and quasi-financial investment businesses. The pawn business is mainly engaged in pledging or mortgaging its movable properties, real estate, and property rights to the pawn company as pawn materials and obtaining the pawn money. The guarantee business is mainly engaged in non-financing guarantee business and financing guarantee business. The financial leasing business is mainly engaged in financial leasing. The quasi-financial investment business is mainly engaged in indirect capital income business, capital market investment business and other equity investment businesses. The special assets business is mainly engaged in the acquisition of debt asset packages held by local AMC companies or other private entities through indirect acquisitions through the establishment of partnerships, direct participation in public auction acquisitions, or direct agreement transfers.
Sunny Loan Top Co.,Ltd. completed the acquisition of 19.9% stake in Zhejiang Huangjinbao Investment Co., Ltd. from Zhejiang Zhongjin Gold Investment Management Co., Ltd.