On the evening of May 8th,Zhongnan Constructionannouncementa few days ago, the company received a holdingshareholderZhongnan Holdings notified that it has signed a strategic cooperation agreement with Huarong Assets, Nantong Affordable Housing Construction Investment Co., Ltd., Nantong Industry Holding Group Co., Ltd., and Jiangsu Haisheng Holding Group Co., Ltd. to support the company’s transformation and development.
According to the relevant agreement, Huarong Assets plans to cooperate with Nantong Affordable Housing Construction Investment Co., Ltd. through limited partnership,fundThe relevant entities will cooperate with Nantong Industry Holding Group Co., Ltd. and Jiangsu Haisheng Holding Group Co., Ltd. in a ratio of 18:1:1 to resume work and production and high-quality projects for the company and other entities of Zhongnan Holdings.M&A, the revitalization of social and capital cooperation projects, etc., to jointly support the transformation and development of Zhongnan Holdings. The total scale of the relevant support projects shall not exceed 5 billion yuan, and other investment institutions may also be introduced.
Zhongnan ConstructionSaid that Huarong Assets, as the manager of the cooperation subject, is responsible for the implementation of specific projects.
(Article source: ChinasecuritiesReport · China Securities Network)
Article source: China Securities Journal China Securities Network
Responsible editor: 27
Original title: Zhongnan Construction: The controlling shareholder signed a strategic cooperation agreement with Huarong Assets, etc.
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