Zhitong Finance App News, Wan Chen Group (300972.SZ) announced that the company plans to acquire 39% of Nanjing Wanchang's shares held by Nanchang Maoyi Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as “Nanchang Maoyi”) and 10% of Nanjing Wanchang's shares held by Nanchang Shengjing Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as “Nanchang Shengjing”) by means of cash payments, for a total of 49% of Nanjing Wanchang's shares.

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