Did Luoyang Guo Hong buy Wanji?

Luoyang Guo Hong bought Wanji. According to Caijing.com, on March 1 1, with the approval of Luoyang Municipal People's Government, Xin 'an County People's Government transferred 74.35% of the equity of Wanji Holding Group Co., Ltd. to Luoyang State-owned Assets Management Co., Ltd., a subsidiary of Luoyang Guo Hong Investment Holding Group Co., Ltd. for free. Acquisition refers to an economic behavior in which a company gains a certain degree of control over other companies through property rights transactions to achieve certain economic goals. Acquisition is a form of enterprise capital management, which has both economic and legal significance. The economic significance of acquisition means that the management control of the enterprise changes hands, and the original investor loses the management control of the enterprise, which is essentially to gain control.