Original title: Huajun International Group (00377.HK) plans to acquire shares in a number of food and hotel service companies and manufacturing companies Source: Gelonghui

Gelonghui, Feb. 14|Huajun International Group announced that on February 14, 2020, the company entered into a non-legally binding memorandum of understanding with such sellers on potential transactions. According to the Memorandum of Understanding, the company intends to purchase all of the shares of such target companies and the related interests of their subsidiaries.

The main business of target company A and its subsidiaries includes catering services; the main business of target company B and its subsidiaries includes hotel management and related services; the main business of target company C and its subsidiaries includes property investment; the main business of target company D and its subsidiaries includes R&D and productionsolarand photovoltaic modules; and Target Company E and its subsidiaries include the manufacture of hydraulic machinery and accessories.