Hairong Technology to Acquire 55% Stake in Sugar Box Food for 130 Million Yuan

北京商报··Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Hairong Technology plans to acquire a 55% stake in Sugar Box Food with its own funds for 130 million yuan. On the evening of July 30, Hairong Technology disclosed that it had signed an equity transfer agreement with Sugar Box Food and Sugar Pocket Technology. After the transaction, Sugar Box Food will become a controlled subsidiary of Hairong Technology and be included in its consolidated financial statements. On the same day, as a condition precedent to closing, Hairong Technology signed a long-term strategic cooperation agreement with Hema China and Sugar Box Food, with the cooperation period running until December 31, 2030. Hairong Technology stated that it will consider acquiring the remaining 45% stake in Sugar Box Food in the future depending on circumstances, in order to enhance profitability and overall competitiveness.

Impact on assets 1

Others▲

Off-coverage companies 3

糖盒食品（昆山）有限公司i
Private▲ PositiveCapitalrelevance

Becoming a controlled subsidiary of Hairong Technology with 55% stake acquisition, gaining financial backing and strategic partnership.

盒马鲜生i
Private▲ PositiveDemandrelevance

Signed long-term strategic cooperation agreement with Hairong Technology and Sugar Box Food, indicating strengthened supply chain relationship.

上海糖兜科技有限公司i
Private▲ PositiveCapitalrelevance

As a party to the equity transfer agreement, Sugar Pocket Technology is involved in the transaction, potentially benefiting from the deal.