Jingdezhen Hesheng Industrial Investment Development Co.,Ltd signed an agreement to acquire an unknown stake in Guangdong Zhengye Technology Co., Ltd. from Dongguan Zhengye Industrial Investment Co., Ltd. for approximately CNY 150 million.
September 04, 2021
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Jingdezhen Hesheng Industrial Investment Development Co.,Ltd signed an agreement to acquire an unknown stake in Guangdong Zhengye Technology Co., Ltd. (SZSE:300410) from Dongguan Zhengye Industrial Investment Co., Ltd. for approximately CNY 150 million on August 13, 2021. With a capital cost of CNY 2.7 million is part of the transfer payment for the transfer of shares. The parties reached the following supplementary agreement on September 3, 2021 concerning the lifting of the pledge and the transfer of 18.4 million out of the 49.7 million shares held and pledged by Minmetals Securities Co., Ltd.
Guangdong Zhengye Technology Co.,Ltd. is a China-based company principally engaged in the of research, development, manufacture and sale of printed circuit board (PCB) precision machining and testing equipment, PCB precision machining auxiliary materials, laser equipment, X-ray automated testing equipment and liquid crystal module automated production equipment. The Company's main products include machine vision and laboratory equipment series, prepreg dust-free automatic cutting machines, hole checking machines, fully automatic reinforcing machines, character printers, film series and filtration series, reinforcing materials, clean series and precision positioning series materials, ultraviolet (UV) laser drilling machines, UV laser cutting machines, precision fiber laser cutting machines, high speed carbon dioxide laser cutting machines, PCB automatic laser engraving machines, laser marking machines, semi-automatic X-ray inspecting machines and automatic X-ray inspecting machines.
Jingdezhen Hesheng Industrial Investment Development Co.,Ltd signed an agreement to acquire an unknown stake in Guangdong Zhengye Technology Co., Ltd. from Dongguan Zhengye Industrial Investment Co., Ltd. for approximately CNY 150 million.