Jan 06, 2021 08:47 PM (GMT+8) · EqualOcean
Shengtian network announced that the company held the 28th meeting of the third board of directors on January 6, 2021, deliberated and passed the "proposal on acquisition of minority shareholders' equity of holding subsidiary", and agreed to acquire 30% equity of Shanghai Tianxi Huyu Network Technology Co., Ltd. (hereinafter referred to as "Tianxi Huyu") by cash payment, with a total purchase price of RMB 360 million. After the acquisition, the company will hold 100% equity of Tianxi mutual entertainment.