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Winchester Holding Group - Annual Report to OTC Market for Review

Winchester Holding Group - Annual Report to OTC Market for Review
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Winchester Holding Group - Annual Report to OTC Market for Review

Winchester Holding Group - Annual Report to OTC Market for Review
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Winchester Holding Group OTCPK: WCHS to Acquire Revenue-Producing Company

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Winchester Holding Group OTCPK: WCHS to Acquire Revenue-Producing Company Winchester Holding GroupJanuary 25, 2021 GMT HONG KONG, Jan. 25, 2021 (GLOBE NEWSWIRE) Winchester Holding Group OTCPK WCHS (“the Group”) today announced to acquire profitable company named Trinity Automotive Industrial Limited (“the Trinity”) with USD$20Million in annual revenue. On 15th January 2021, the Company signed the contract to complete the merger and reorganization. According to the agreement, 100% shares of the Trinity shall be exchange for common stock of the Group. The acquisition will be immediately accretive to the Group generated approximately 7 million in revenues with earnings before interest, taxes, depreciation and amortization (EBITDA) in next fiscal year ending December 2021.

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