Acquisition Currency Investment Renminbi Technology Yuan
Exploring Far Horizon, through a precise proportion of equity acquisition and active tender offer, secured 43.00% stake in True Love Home with an investment of around 1.7 billion yuan. The company, specializing in blanket business, recently disclosed the progress of the transfer of shares following Exploring Far Horizon’s tender offer completion. The acquisition totaled approximately 5.20 billion yuan based on the tender offer price of 27.74 yuan per share. This successful acquisition solidified Exploring Far Horizon’s control over the listed company. Prior to this, in November 2025, Exploring Far Horizon acquired 29.99% stake in the company for about 11.98 billion…
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