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Energy 1 Corp : announces change to board composition - Liu Yicheng, Cao Yilin and Zhang Jinyuan has officially joined the board
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SHANGHAI, May 14, 2021 /PRNewswire/ As a global innovative technology service corporation, Shanghai Yicheng Culture Communication Co., Ltd. (abbreviated as Shanghai Yicheng Culture) announced the acquisition of (EGOC) Energy 1 Corp., headquartered in Nevada, USA, stock code: EGOC to which, (EGOC) Energy 1 Corp. has agreed to dispose of, while Shanghai Yicheng Culture Co., Ltd. agreed to acquire the controlling equity interest in the target company. Pursuant to the Sale and Purchase Agreement, Shanghai Yicheng Culture proposes to acquire and EGOC intends to sell all the controlling equity interest in the target company (or its holding company).