Zhitong Financial APP News, Silk Road Energy (08250) announcement, on November 23, 2021, Da Huicheng (the company's indirect wholly-owned subsidiary) and Xie Bangkun (buyer) entered into an equity transfer agreement with Shenzhen Houpu Industrial Co., Ltd. (seller). Accordingly, Da Huicheng and Xie Bangkun have agreed to acquire 51% and 49% of the target company (Zhongtai Hongzhi Technology (Shenzhen) Co., Ltd.) from the seller in accordance with the terms of the equity transfer agreement. Upon completion of the equity transfer, Da Huicheng and Xie Bangkun will hold 51% and 49% of the target company, respectively. The target company is mainly engaged in fruit import business and has the import license granted by the Chinese department.
The Group is mainly engaged in providing coal mining and construction services; providing heating services; and providing money lending services. The Group has been actively seeking new business opportunities to expand its revenue sources and achieve long-term development. Considering different business areas, the company decided to diversify its business and enter the fruit trade and import market by acquiring a 51% stake in the target company, which mainly does fruit import business in China.