Guochuang Investment Guidance Fund (Limited Partnership) signed a share transfer agreement to acquire a 7.85% stake in Changzheng Engineering Co.,LTD from Beijing Aerospace Industry Investment Fund (Limited Partnership) for approximately CNY 530 million.
September 31, 2020
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Guochuang Investment Guidance Fund (Limited Partnership) signed a share transfer agreement to acquire a 7.85% stake in Changzheng Engineering Co.,LTD (SHSE:603698) from Beijing Aerospace Industry Investment Fund (Limited Partnership) for approximately CNY 530 million on August 28, 2020. As part of the transaction, Guochuang Investment Guidance Fund (Limited Partnership) will acquire 42,058,823 shares at a transfer price CNY 12.56 per share of Changzheng Engineering Co.,LTD. Guochuang Investment Guidance Fund (Limited Partnership) will make a lump-sum payment to the Beijing Aerospace Industry Investment Fund (Limited Partnership) for the transfer of all shares within ten working days after obtaining the compliance confirmation opinion issued by the Shanghai Stock Exchange for this transaction.
Changzheng Engineering Co., LTD. is a China-based company mainly engaged in the provision of comprehensive technical solutions and engineering construction services for coal gasification projects. The Companyâs primary businesses include the research and development of coal gasification technologies and key equipments, the supply of equipment sets and the engineering design, technical and general contracting services. The Company mainly provides products and services to the fertilizer, coal chemical, electricity and other industries.
Guochuang Investment Guidance Fund (Limited Partnership) signed a share transfer agreement to acquire a 7.85% stake in Changzheng Engineering Co.,LTD from Beijing Aerospace Industry Investment Fund (Limited Partnership) for approximately CNY 530 million.
CHANGZHENG ENGINEERING TECHNOLOGY CO.,LTD 
