According to insiders close to Tea Yan Yue Se, the current shareholder changes are a "normal red-chip structure." Tianyancha shows that recently, Hunan Tea Yue Cultural Industry Development Group Co., Ltd., affiliated with Tea Yan Yue Se, has undergone industrial and commercial changes, with Shunwei Capital, Wuyuan Capital, Yuanma Capital, Yuansheng Capital, and Tiantu Investment's funds all exiting the shareholder lineup. The company's registered capital has been reduced from about 7.01 million RMB to about 5.067 million RMB, and Xu Liang has resigned as a director. Note: Red-chip structures are generally used for overseas listings. They are usually established by domestic enterprises or individuals to register companies overseas, and obtain equity in domestic companies through acquisitions, equity swaps, and other methods. They then apply for listing on overseas exchanges in the name of overseas companies. (Caixin)
茶颜悦色：股东变动系“正常搭红筹”
Tea Yan Yue Se: Shareholder changes are a "normal red-chip structure." According to insiders close to Tea Yan Yue Se, the current shareholder changes are a "normal red-chip structure." Tianyancha shows that recently, Hunan Tea Yue Cultural Industry Develo
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