Huaxia Happiness signs an agreement with investors for restructuring, revealing the hidden presence of Rongchuang Capital
On September 28th, Huaxia Happiness announced that it had signed a "Restructuring Investment Agreement" with investors such as Chengfeng Erlai Shuke and Mulan Real Estate. According to the agreement, investors will acquire 2 billion shares of Huaxia Happiness converted into shares for a total of 1.2 billion yuan, with a subscription price of 0.6 yuan per share, accounting for approximately 20.55% of the total share capital after restructuring. Among them, Chengfeng has jointly invested 1.1994 billion yuan to acquire 1.999 billion shares, becoming the largest shareholder and having the right to nominate 6 out of 9 directors. Investors stated that they will leverage their industrial and resource advantages to enhance the company's profitability and provide operational funding support.