Huijin Zunyue No. 1 Private Securities Investment Fund managed by Shanghai Huijin Asset Management Co., Ltd. completed the acquisition of 5% stake in Beijing Changjiu Logistics Co.,Ltd from Jilin Changjiu Industry Group Co., Ltd.
April 22, 2024
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Huijin Zunyue No. 1 Private Securities Investment Fund managed by Shanghai Huijin Asset Management Co., Ltd. entered into share transfer agreement to acquire 5% stake in Beijing Changjiu Logistics Co.,Ltd (SHSE:603569) from Jilin Changjiu Industry Group Co., Ltd. for approximately CNY 280 million on March 10, 2024.
Huijin Zunyue No. 1 Private Securities Investment Fund managed by Shanghai Huijin Asset Management Co., Ltd. completed the acquisition of 5% stake in Beijing Changjiu Logistics Co.,Ltd (SHSE:603569) from Jilin Changjiu Industry Group Co., Ltd on April 23, 2024.
Beijing Changjiu Logistics Corp. is a China-based company principally engaged in the provision of complete vehicle logistics services. The Company mainly operates its business through complete vehicle transportation, complete vehicle warehousing, as well as vehicle parts logistics, among others. Its complete vehicle transportation includes commercial vehicle transportation and passenger car transportation. The Company provides its transportation services to China Faw Group Corporation, SAIC Motor Corporation Limited, Chongqing Chang'an Automobile Co., Ltd., Beijing Hyundai Automotive Co., Ltd., BMW Brilliance Automotive Ltd., Chery Automobile Co., Ltd., as well as SHAANXI HEAVY DUTY AUTOMOBILE CO., LTD., among others. The Company mainly operates its business in domestic market.
Huijin Zunyue No. 1 Private Securities Investment Fund managed by Shanghai Huijin Asset Management Co., Ltd. completed the acquisition of 5% stake in Beijing Changjiu Logistics Co.,Ltd from Jilin Changjiu Industry Group Co., Ltd.