Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd.
December 06, 2023
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Wenchang Baoyu Investment Co., Ltd. agreed to acquire Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd. (SZSE:002707) on December 24, 2021. In related transaction Wenchang Baoyu Investment Co., Ltd. is acquiring Zhongqixin Financial Leasing from Hainan Zhongxin Online Shopping Technology Co., Ltd., the Total Transaction consideration paid is CNY 180 million. Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan reported Total assets CNY 219.6 million and Total Common equity of CNY 193.6 million in September 30, 2023.
Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd. (SZSE:002707) on December 07, 2023.
UTour Group Co., Ltd., formerly Beijing UTour International Travel Service Co., Ltd., is a China-based company principally engaged in the provision of tourism products and related services. The Company is mainly engaged in the provision of outbound travel services. The Company's outbound travel products include ferry tours, customized tours, self-guided tours, semi-independent tours and overseas destination fragmentation products, among others. The Company is also involved in the provision of outbound services, such as study tour, immigration, personal currency exchange, agency shopping tax rebates, travel consumer credit and supply chain finance. The Company operates its business in domestic and overseas market.
Wenchang Baoyu Investment Co., Ltd. cancelled the acquisition of Zhongqixin Commercial Factoring/Guangzhou Youdai Small Loan from Hongkong UTour International Travel Service Co., Limited and UTour Group Co., Ltd.