Gelonghui, January 12 | Red Cotton Co., Ltd. (000523.SZ) announced that Guangzhou Light Industry & Trade Group Co., Ltd. (“Light Industry Group”) plans to sell related assets to Guangzhou Hongmian Zhihui Science and Technology Innovation Co., Ltd. (“Listed Company”, “Company”). The company plans to purchase 100% of the shares of Guangzhou Yingqian Food Group Co., Ltd. (hereinafter referred to as “Golden Eagle Money” or “Target Company”) in cash. The specific transaction plan and transaction details are subject to further negotiation and determination. After the transaction is completed, the company will hold 100% of Eagle Cash's shares, and Eagle Money will become a wholly-owned subsidiary of the company.
红棉股份(000523.SZ)：拟购买轻工集团全资子公司鹰金钱100%股权
Red Cotton Co., Ltd. (000523.SZ): Proposed to purchase 100% of the shares in Eagle Gold, a wholly-owned subsidiary of Light Industry Group
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