Hanyi Shares Plans to Acquire 26.4% Stake in Qianqi Creations for 104 Million Yuan

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Summary · why it matters

Hanyi Shares announced that the company plans to acquire a 26.3956 percent equity stake in Hangzhou Qianqi Creations Technology Co., Ltd. from Hangzhou Manxia Technology and Gao Hong for a total of 104 million yuan in cash, using its own or self-raised funds. The target company is primarily engaged in the design, production, and sale of customized merchandise.

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杭州千奇造物科技有限公司Private▲ Positive
Capitalrelevance

Qianqi Creations is the target of the acquisition, receiving a valuation and cash infusion.

杭州漫夏科技Private▲ Positive
Capitalrelevance

Hangzhou Manxia Technology is selling its stake in Qianqi Creations, realizing a return.