Jianhua borrowed Suoling or Longquan shares?
Backdoor Longquan. On April 7, 2022, Jianhua Pipe Pile Group officially increased its holdings of Longquan shares and took over all the shares held by Liu, the original real controller of Longquan shares, and his partners. At this point, Jianhua shares reached 39.6%. At the same time, Xu Peifeng, the actual controller of Jianhua, promised to urge Guangdong Jianhua Pipe Pile Co., Ltd. and other companies to inject Longquan-related assets into Longquan within five years after Jianhua Consulting became the controlling shareholder of Longquan, or to solve the problem of horizontal competition by other means. So Jianhua borrowed the door.