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On 19 Nov., 2015, Henan Lotus Flower Gourmet Powder Co., Ltd. (Henan Lotus) revealed that it plans to purchase 54.6% shares of Zhongrun Financial Leasing (Shanghai) Co., Ltd. (Zhongrun Leasing) with USD94.5 million.
For Henan Lotus Flower Gourmet Powder Co., Ltd. (Henan Lotus), 2015 is the first year in its reform. It introduced industry capital and advanced management team as well as explored its development road to realize a renaissance of its old brands. Recently, it launched new products to display its new self.
On 4 Nov., 2014, Henan Lotus Flower Gourmet Powder Co., Ltd. (Henan Lotus), one of the leading MSG companies in China, published a notice, according to which its second largest shareholder, Xiangcheng Tian'an Technology Co., Ltd., signed a stock transfer agreement with Zhejiang Ruikang Investment Co., Ltd. (Zhejiang Ruikang) that the latter used USD60.79 million to purchase the former’s 10.32% shares in Henan Lotus.