Shanghai Jinshangbo Enterprise Services Expands Stake in GOME Retail with 21.6 Billion Share Acquisition

Stock News
Sep 18

Hong Kong Stock Exchange disclosures reveal that on March 23, Shanghai Jinshangbo Enterprise Services Co., Ltd. increased its holdings in GOME RETAIL (00493) by 21,618,533,333 shares at a price of HK$0.015 per share, totaling approximately HK$324 million.

Following this transaction, the company's latest share count stands at approximately 21.619 billion shares, representing a 29.61% ownership stake. Other related parties involved in this transaction include Yang Xiaohui, Wei Guowei, Zhao Xubo, Shanghai Yili Investment Management Co., Ltd., Shanghai Hejun Real Estate Development Co., Ltd., and Shanghai Nizan Construction Development Co., Ltd..

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