Technology, Consumer Staples, Healthcare Jan 27, 2022 09:59 PM (GMT+8) · EqualOcean
On the 27th, Dazheng capital announced that the buyer group led by Dazheng capital has completed the acquisition of some shareholders' equity of Ruixing coffee. Other members of the buyer group include IDG capital and Ares SSG capital management. After careful evaluation, the board of directors of Ruixing coffee and the joint provisional liquidator of the company believe that the transaction is in the best long-term interests of the company, and have approved the transaction. The transaction involves 383425748 class a ordinary shares held by some former management members of Ruixing coffee. After the completion of this transaction, Dazheng capital became the controlling shareholder of Ruixing coffee, holding more than 50% of the voting rights of the company.

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