Jinan High-tech Development Co., Ltd. and its subsidiary Wangsheng Ecological Environment Co., Ltd. completed the acquisition of a 80% stake in Huangshan Lantian Tianxiang Agricultural Technology Development Co., Ltd from Jinan High-tech Development Co., Ltd..
May 20, 2022
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Jinan High-tech Development Co., Ltd. (SHSE:600807) and its subsidiary Wangsheng Ecological Environment Co., Ltd. agreed to acquire a 80% stake in Huangshan Lantian Tianxiang Agricultural Technology Development Co., Ltd from Jinan High-tech Development Co., Ltd. (SHSE:600807) for CNY 0 million on March 1, 2022. Wangsheng Ecology Environment Co., Ltd. will acquire 60% stake, Jinan High-tech Development Co., Ltd. will acquire 20% stake.
Jinan High-tech Development Co., Ltd. (SHSE:600807) and its subsidiary Wangsheng Ecological Environment Co., Ltd. completed the acquisition of a 80% stake in Huangshan Lantian Tianxiang Agricultural Technology Development Co., Ltd from Jinan High-tech Development Co., Ltd. (SHSE:600807) on March 24, 2022.
Jinan High Tech Development Co Ltd, formerly Shandong Tyan Home Co Ltd, is mainly engaged in the real estate development and mining businesses. Real Estate Development segment is involved in land acquisition, planning and design, construction and development and sales operations. The Company is mainly involved in the development of residential and commercial real estate projects in Shandong province, China. Mining segment is involved in the exploration, development and dressing of gold and other precious metals, as well as the sale of ores. The Company is also engaged in the business operation of property leasing and management.
Jinan High-tech Development Co., Ltd. and its subsidiary Wangsheng Ecological Environment Co., Ltd. completed the acquisition of a 80% stake in Huangshan Lantian Tianxiang Agricultural Technology Development Co., Ltd from Jinan High-tech Development Co., Ltd..