Summary of the Acquisition Report by Heyuan Pufuda Industrial Co., Ltd.

✨ AI Summary

Heyuan Pufuda Industrial Co., Ltd. is acquiring a 90% stake in Shenzhen Luyu Industrial Development Co., which controls 29% of Zhuhai Xinguang Group Co., Ltd. This acquisition will make Pufuda the actual controller of Xinguang, holding 26.1% of its shares. The transaction is valued at 4.5 million RMB and does not require state approval as it does not involve state-owned shares.

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Full Translation

AI Translation· azure_openai

1. Basic Information of the Acquirer

Company Name: Heyuan Pufuda Industrial Co., Ltd.
Registered Address: Huajia Industrial Zone, Heyuan City
Registered Capital: 10 million RMB
Established: August 10, 1998
Business License Registration Number: 4416001600129
Legal Person Code: 70792296-5
Company Type: Limited Liability Company
Economic Nature: Private
Operating Period: Indefinite
Business Scope: Production, processing, and sales of textiles, pure polyester sewing thread; computer technology services; research and development of scientific products; property management
Legal Representative: Tao Yuxin
Shareholders: Tao Yuxin, Hu Wanlan
Contact: 0752-2119623
Postal Code: 516001

2. Ownership Structure and Shareholder Information

Ownership Structure
In August 1998, Tao Yuxin invested 6 million RMB for a 60% stake, while Zhong Huadeng invested 4 million RMB for a 40% stake. In September 2001, Shenzhen Shengdefeng Industrial Development Co., Ltd. acquired all shares from Zhong Huadeng and 50% from Tao Yuxin, effectively controlling 90%, with Tao Yuxin holding 10%. In November 2002, Shenzhen Shengdefeng transferred 80% of its 90% stake to Tao Yuxin and 10% to Hu Wanlan, resulting in Tao Yuxin holding 90% and Hu Wanlan holding 10%.

Shareholder	Ownership Percentage
Tao Yuxin	90%
Hu Wanlan	10%

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