Xinhua Winshare Publishing and Media (SHA:601811) will purchase the entire stake in Sichuan Ethnic Publishing House from the listed company's controlling shareholder, Sichuan Xinhua Publishing and Distribution, for 345.7 million yuan, according to a Tuesday filing with the Shanghai bourse.
The seller promised a cumulative net profit of 58.8 million yuan from April 2026 through 2029, with the seller promising to compensate with cash if audited performance falls short, the filing said.