XiAn Shaangu Power Co Ltd601369
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Shaanxi Blower Power is acquiring a 36.06% stake in Qinfeng Gas, consolidating ownership to 100%.

Shaanxi Blower Power has disclosed its restructuring plan, and trading of its shares will resume on July 13. The plan shows that Shaanxi Blower Power intends to acquire a 36.06% stake in Qinfeng Gas through a share issuance. Shaanxi Blower Power stated that Qinfeng Gas is a specialized, large-scale state-owned industrial gas solution provider and service operator. After acquiring the minority shareholders' equity in the target company, Shaanxi Blower Power's shareholding in Qinfeng Gas will increase to 100%.
XiAn Shaangu Power Co LtdShaanxi Blower Power is acquiring a 36.06% stake in Qinfeng Gas, consolidating ownership to 100%.
Qinfeng Gas is being acquired by Shaanxi Blower Power, with its minority stake being bought out.