Yunxin Shuwang Investment Co., Ltd. completed the acquisition of acquire 5.01% stake in Beijing Si-Tech Information Technology Co., Ltd. from Wu Feizhou.
February 27, 2024
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Yunxin Shuwang (Shanghai) Investment Co., Ltd. signed a share transfer agreement to acquire 5.01% stake in Beijing Si-Tech Information Technology Co., Ltd. (SZSE:300608) from Wu Feizhou for approximately CNY 350 million on December 13, 2023. Yunxin Shuwang will pay CNY 35 million within five working days after agreement signing and the remaining CNY 315.7 million within five days after the registration date. The transaction has been approved by the Board of Directors and the Independent Directors of Yunxin Shuwang (Shanghai) Investment.
Yunxin Shuwang (Shanghai) Investment Co., Ltd. completed the acquisition of acquire 5.01% stake in Beijing Si-Tech Information Technology Co., Ltd. (SZSE:300608) from Wu Feizhou on February 27, 2024.
SI-TECH Information Technology Co Ltd is a company engaged in providing carrier software products and operating services. The Company's businesses include BOSS based operator support systems, big data, cloud computing, platform as a service (PaaS), artificial intelligence, blockchain, smart cities, enterprise cloud and Internet of things (IoT).The BOSS based operator support system is involved in providing Boss systems to domestic carriers and broadcast and television networks, and a range of services, including system consulting, system planning and product upgrade services.
Yunxin Shuwang Investment Co., Ltd. completed the acquisition of acquire 5.01% stake in Beijing Si-Tech Information Technology Co., Ltd. from Wu Feizhou.