Willy: it plans to acquire 100% equity of Beijing Baowang with RMB 233 million
Willy announced that the company plans to purchase 100% equity of Beijing Baowang Investment Co., Ltd. in cash at a transaction price of 233 million yuan. Beijing Baowang is mainly engaged in equity investment. At present, it holds 9.6774% of the equity of China renewable energy company. This transaction will help the company to strengthen exchanges and business cooperation with China Renewable Energy in the future, jointly explore the integration of resource recovery business and its related environmental protection business, and find the second development curve of the company.
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