Guangdong Alpha Animation and Culture Co., Ltd., Beijing Baofeng Technology Co., Ltd. and an unknown buyer cancelled the acquisition of 55.76% stake in Shenzhen Tongshuai Chuangzhijia Technology Co Ltd from Qingdao Xinri Rishun Logistics Services Co., Ltd.
Shenzhen Tongshuai Chuangzhijia Technology reported CNY 25.3 million in net profit for the year ended December 31, 2014. Tongshuai Chuangzhijia Technology Co reported total assets of CNY 58.09 million and net liabilities of CNY 0.32 million as of June 30, 2015. Shenzhen Tongshuai Chuangzhijia Technology reported operating loss of CNY 0.32 million and net loss of CNY 0.32 million for the period June 15, 2015 to June 30, 2015. The transactions still need the approval of the shareholders meeting of Beijing Baofeng Technology. The Board of Beijing Baofeng Technology approved the transaction on July 6, 2015. As of July 23, 2015, Beijing Baofeng Technology Co., Ltd.'s shareholders approved the transaction.
Guangdong Alpha Animation and Culture Co., Ltd. (SZSE:002292), Beijing Baofeng Technology Co., Ltd. (SZSE:300431) and an unknown buyer cancelled the acquisition of 55.76% stake in Shenzhen Tongshuai Chuangzhijia Technology Co Ltd from Qingdao Xinri Rishun Logistics Services Co., Ltd on July 6, 2016.