Hongying Value Growth No. 2 Private Securities Investment Fund, managed by Shanghai Hongying Investment Management Co., Ltd. completed the acquisition of 5.3% stake in Shanghai Huitong Energy Co.,Ltd from Tibet Dejin Business Management Co., Ltd.
June 04, 2024
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Hongying Value Growth No. 2 Private Securities Investment Fund, managed by Shanghai Hongying Investment Management Co., Ltd. signed Share Transfer Agreement to acquire 5.3% stake in Shanghai Huitong Energy Co.,Ltd (SHSE:600605) from Tibet Dejin Business Management Co., Ltd. for CNY 280 million on May 7, 2024. The consideration will be paid at a price of CNY 25.74 per share.
Hongying Value Growth No. 2 Private Securities Investment Fund, managed by Shanghai Hongying Investment Management Co., Ltd. completed the acquisition of 5.3% stake in Shanghai Huitong Energy Co.,Ltd (SHSE:600605) from Tibet Dejin Business Management Co., Ltd. on June 5, 2024.
SHANGHAI HUITONG ENERGY CO., LTD is a China based company principally engaged in trading business. The Company operates its business through three segments. The Wind Power segment is mainly engaged in project development, construction and operation business. The Trading segment is mainly engaged in the domestic copper wholesale trading business. The Real Estate segment is mainly engaged in the relocation, design, decoration, renting and operation as well as provides property management services for the company's own office buildings, warehouses and workshops. The Company mainly operates its business in Shanghai City.
Hongying Value Growth No. 2 Private Securities Investment Fund, managed by Shanghai Hongying Investment Management Co., Ltd. completed the acquisition of 5.3% stake in Shanghai Huitong Energy Co.,Ltd from Tibet Dejin Business Management Co., Ltd.
SHANGHAI HUITONG ENERGY CO.,LTD 
