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Longban Media (605577.SH): The subsidiary intends to acquire 100% equity of Daqing Bookstore.
Gelonghui November 25th | Longban Media (605577.SH) announced that its wholly-owned subsidiary Xinhua Bookstore Group plans to use cash to acquire 100% equity of Daqing Bookstore held by the publishing group. After the transaction is completed, Daqing Bookstore will become a wholly-owned subsidiary of the company. According to the valuation report, the net asset appraisal value of Daqing Bookstore is 51.8084 million yuan, and the transfer price is RMB 51.8084 million. This transaction is the company fulfilling the necessary procedures promised to the China Securities Regulatory Commission. The company promised to the China Securities Regulatory Commission at the time of its listing: In order to resolve issues of industry competition,
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Longban Media (605577.SH): 0.256 billion shares of restricted shares will be listed for trading starting from September 30th.
Longban Media (605577.SH) announced the public release of part of the restricted shares for the first time, this stocks...