B · Normal
[2-link Xinhua Wenxuan: Plans to acquire 100% equity of Sichuan Ethnic Publishing House for 346 million yuan] On September 21, Xinhua Wenxuan (601811.SH) announced that the company plans to use its own funds to acquire 100% of the equity of Sichuan Ethnic Publishing House Co., Ltd. held by the controlling shareholder Sichuan Xinhua Publishing and Distribution Group, with a purchase price of 346 million yuan. This transaction constitutes a related transaction and does not constitute a major asset restructuring. This acquisition will help the company further improve its layout in the field of ethnic publishing, and at the same time, help solve potential horizontal competition issues.
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