Hanwang Technology Co., Ltd. cancelled the acquisition of remaining 40% stake in Beijing Yingyan Innovation Technology Development Co., Ltd from Shanghai Hanwang Geshi Equity Investment Fund Partnership Enterprise (Limited Partnership).
January 05, 2019
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Hanwang Technology Co., Ltd. (SZSE:002362) agreed to acquire remaining 40% stake in Beijing Yingyan Innovation Technology Development Co., Ltd from Shanghai Hanwang Geshi Equity Investment Fund Partnership Enterprise (Limited Partnership) for CNY 6.2 million on January 5, 2018. Post-acquisition, Hanwang Technology Co., Ltd's stake will increase from 60% to 100% in Beijing Yingyan Innovation Technology Development Co., Ltd. The transaction is funded by Hanwang Technology Co., Ltd own funds. The transaction is approved by the Board of Directors of Hanwang Technology Co., Ltd.
Hanwang Technology Co., Ltd. (SZSE:002362) cancelled the acquisition of remaining 40% stake in Beijing Yingyan Innovation Technology Development Co., Ltd from Shanghai Hanwang Geshi Equity Investment Fund Partnership Enterprise (Limited Partnership) on January 5, 2019.
Hanwang Technology Co., Ltd. is a China-based company principally engaged in the research and development and application of hardware and software products related to intelligent interaction. The Company's main businesses include face and biometric recognition services, optical character recognition (OCR) services, handwriting recognition services, data services, pen touch and track services as well as smart air detection and governance services. The Company operates its business within the domestic market and overseas markets.
Hanwang Technology Co., Ltd. cancelled the acquisition of remaining 40% stake in Beijing Yingyan Innovation Technology Development Co., Ltd from Shanghai Hanwang Geshi Equity Investment Fund Partnership Enterprise (Limited Partnership).
HANWANG TECHNOLOGY CO.,LTD 
