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Story Box-ID: 582883

Joyou AG Fischertwiete 2 20095 Hamburg, Germany http://www.joyou.de
Contact Mr Jens Hecht +49 40 6091860
Company logo of Joyou AG
Joyou AG

Joyou AG: New shareholder structure

(PresseBox) (Hamburg, )
Joyou AG, a leading bathroom solution provider in China, announces that the company's major shareholders Mr. Jianshe Cai, Mr. Jilin Cai, Grohe Group and its major shareholders have agreed on a new structure of their shareholdings. Messrs. Cai will exchange their direct and indirect holdings in Joyou AG amounting to approximately 36.5 per-cent (approximately 7.9 per-cent directly and approximately 28.6 per-cent via Joyou Grohe Holding AG) for an important stake in the Grohe Group. In turn, the Grohe Group will increase their total Joyou AG shareholdings to 72.3 per-cent. The parties intend to sign a corresponding new shareholders' agreement and sk lhbgmpds jhv xowzeofiezp wf bpwm qowl.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.