Why did Jining Chengtou buy Hengrun shares?

Constructing operating cash flow to feed back financing. Jining Chengtou is an urban construction investor, mainly engaged in the construction of Qufu Confucius Cultural Exhibition Center, Shengdu International Conference Center, urban exhibition hall and other projects, as well as the real estate development services of Chengtou Lugang, Chengtou Beihuwan, Jinyuan and Yuefu. According to relevant data, the company acquired Hengrun shares in order to build operating cash flow feedback financing. Hengrun shares 65438+1October 26th announced that the shareholders of the company planned the share transfer and non-public offering, Jining Chengtou would become the controlling shareholder, and Jining SASAC would become the actual controller of the company.