Red Lion Group has made new progress in major investment!

2023-10-12 14:06:38

As of the date of this announcement, the issuer has paid a total of about 6.762 billion yuan for the transfer of the underlying shares, accounting for about 83.26% of the total transfer of the underlying shares, and the remaining transfer is about 1.360 billion yuan, which is expected to be paid in April 2024.

On October 10, Red Lion Holding Group Co., Ltd. issued an announcement on the progress of major investment.

Hongshi Holding Group Co., Ltd. (Hereinafter referred to as "Hongshi Group", the "Issuer", the "Company" or the "Transferee") acquired Asia Silicon (Qinghai) Co., Ltd. (Hereinafter referred to as "Asia Silicon" or the "Target Company") by way of share transfer. The specific situation of this matter has been disclosed by the issuer through the Announcement on Major Investment of Red Lion Holding Group Co., Ltd. on March 24, 2023.

As of the date of this announcement, the basic information of the Target Company is as follows:

The following is the full text of the announcement:

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Correlation

As of the date of this announcement, the issuer has paid a total of about 6.762 billion yuan for the transfer of the underlying shares, accounting for about 83.26% of the total transfer of the underlying shares, and the remaining transfer is about 1.360 billion yuan, which is expected to be paid in April 2024.

2023-10-12 14:06:38

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.