Special Reminder:
- The transaction and the "Equity Transfer Agreement" have not yet been signed. After signing, the necessary preparations for the completion of the equity transfer will continue, and the company will ensure that investors are aware of the investment risks.
Transaction Overview
Basic Transaction Situation
To regulate Henan Xin Yu Modern Logistics Co., Ltd. (hereinafter referred to as "the Company") equity management, further promote the effective use of idle assets, the Company held the third board meeting of the board of directors, and agreed to publicly transfer the 43% equity stake in Hong Kong Xin Yu Modern Logistics Co., Ltd. (hereinafter referred to as "Hong Kong Xin Yu") through the Henan Provincial Equity Exchange.
The Company holds 43% of the equity in Hong Kong Xin Yu. The registered capital of Hong Kong Xin Yu is HKD 1,000,000, of which the Company holds 80% and naturally exceeds 20%. After several changes, the registered capital of Hong Kong Xin Yu in 2021 was adjusted to HKD 1,000,000, of which Hong Kong International Logistics (Hong Kong) Co., Ltd. holds 57%, and the Company holds 43%. The Company may further hold shares in Hong Kong Xin Yu. By 2022, the Company will no longer hold shares in Hong Kong Xin Yu.