Hailiang to Acquire Additional 18.69% Stake in Gansu Hailiang for 972 Million Yuan

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Hailiang plans to acquire an 18.6916 percent equity interest in its controlled subsidiary Gansu Hailiang New Energy Materials for 972 million yuan. Upon completion of the transaction, the company's shareholding in Gansu Hailiang will increase from 48.60 percent to 67.29 percent. The acquisition aims to enhance profitability, optimize the shareholding structure, and improve corporate governance.

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甘肃海亮新能源材料有限公司 (Gansu Hailiang New Energy Materials Co., Ltd.)Private▲ Positive
Capitalrelevance

Parent company increases ownership, implying confidence and potential strategic benefits.