Xinhua suspension of the reorganization of mergers and acquisitions will be cross border electricity

[

] February 18th news billion state power network, billion state power network that today, Xinhua Kam announced a major reorganization of assets will continue to be suspended.

, according to Xinhua aspects of disclosure, Xinhua Kam intends to issue shares and payment of cash, to buy 100% stake in Hangzhou whole pulse Agel Ecommerce Ltd, and to raise matching funds. It is reported that the main pulse of cross-border e-commerce, the controlling shareholder and the actual control of Jiang rong.

Xinhua Jin pointed out that planning a major asset restructuring background, based on the development space of the traditional international trade industry Co., Xinhua Kam board of directors since 2015 a positive and healthy looking for industrial upgrading and transformation of traditional foreign trade opportunities, looking for high quality sound export of cross-border business as capital partners.

actually, billion state power network learned in the last year, Xinhua Kam had tried unsuccessfully to buy a cross-border business enterprise. In September 7th last year, Xinhua Kam announced that the company had to be planning to issue shares to acquire an export of cross-border business, but because of the transaction ultimately failed to core terms in the major issues of the agreement, after careful consideration, decided to terminate the planning of this asset acquisition.

addition, as early as August 2015, Xinhua Kam Dunhuang cross-border trade service platform of cross-border business platform of Dunhuang network and xinhuajin formally established cooperative relations and start two joint "".

[

] February 18th news billion state power network, billion state power network that today, Xinhua Kam announced a major reorganization of assets will continue to be suspended.

, according to Xinhua aspects of disclosure, Xinhua Kam intends to issue shares and payment of cash, to buy 100% stake in Hangzhou whole pulse Agel Ecommerce Ltd, and to raise matching funds. It is reported that the main pulse of cross-border e-commerce, the controlling shareholder and the actual control of Jiang rong.

Xinhua Jin pointed out that planning a major asset restructuring background, based on the development space of the traditional international trade industry Co., Xinhua Kam board of directors since 2015 a positive and healthy looking for industrial upgrading and transformation of traditional foreign trade opportunities, looking for high quality sound export of cross-border business as capital partners.

actually, billion state power network learned in the last year, Xinhua Kam had tried unsuccessfully to buy a cross-border business enterprise. In September 7th last year, Xinhua Kam announced that the company had to be planning to issue shares to acquire an export of cross-border business, but because of the transaction ultimately failed to core terms in the major issues of the agreement, after careful consideration, decided to terminate the planning of this asset acquisition.

addition, as early as August 2015, Xinhua Kam Dunhuang cross-border trade service platform of cross-border business platform of Dunhuang network and xinhuajin formally established cooperative relations and start two joint "".

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