于收购事项完成后，目标公司将成为公司间接全资附属公司。此将有利于更有效实施公司有关目标公司业务的业务策略及业务扩展计划。Jiande Int'l (00865) announced that on July 11, 2024, the buyer, Xiamen Junyi Real Estate Co., Ltd. (an indirectly wholly-owned subsidiary of the Company), the seller, Shishi Qixin Trading Co., Ltd., and the target company established the equity transfer agreement. The seller agreed to sell and the buyer agreed to acquire 20% equity interest in the target company (a non-wholly-owned subsidiary of the Company) at a price of RMB 23.624 million, which is the amount of shareholder loan owed to the seller by the target company that should be paid in advance. The fund was provided by the buyer to the target company as an unsecured and interest-free shareholder loan of the same amount.
The target company, Wugang Dejian Real Estate Development Co., Ltd., is a non-wholly-owned subsidiary of the Company. As of the date of this announcement, the buyer and the seller respectively own 80% and 20% equity interests in the target company. The company is mainly engaged in property development and holds the land use right for a piece of land in Wugang City, Hunan Province, China. As of the date of this announcement, no property development project has been carried out on the land.
After the completion of the acquisition, the target company will become an indirectly wholly-owned subsidiary of the Company. This will facilitate the more effective implementation of the Company's business strategies and business expansion plans related to the target company's business.
