Core Viewpoint - Songcheng Performance announced the acquisition of 100% equity in Songcheng Industry for a cash payment of RMB 963 million, enhancing operational synergy and scale advantages [1] Group 1: Acquisition Details - The acquisition involves Songcheng Performance purchasing 100% of Songcheng Industry, which has been leasing land and facilities to support the operations of the adjacent Songcheng Scenic Area [1] - The final transfer price for the acquisition is set at RMB 963 million, based on the equity valuation provided by a qualified appraisal agency [1] - Upon completion of the transaction, Songcheng Industry will become a wholly-owned subsidiary of Songcheng Performance and will be included in the consolidated financial statements of the company [1]
宋城演艺:拟收购宋城实业100%股权