Lihong Investment Holdings (Shandong) Co., Ltd. entered into an agreement to acquire 50% of Luyin Group Yucheng Cashmere Textile Co., Ltd. from Luyin Investment Group Co.,Ltd. for CNY 11.79 million on December 12, 2022. The transaction was approved by Luyin Investment Group Co., Ltd. 38th meeting of the tenth board of directors on July 22, 2022.
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- Lihong Investment Holdings Co., Ltd. entered into an agreement to acquire 50% of Luyin Group Yucheng Cashmere Textile Co., Ltd. from Luyin Investment Group Co.,Ltd. for CNY 11.79 million.