Changzhou Yingsheng Industrial Investment Partnership Enterprise Limited cancelled the acquisition 10% stake in Changzhou Huichang Sensor Co., Ltd. from Jiangsu Riying Electronics Co., Ltd. for CNY 18.2 million.
February 05, 2021
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Changzhou Yingsheng Industrial Investment Partnership Enterprise Limited agreed to acquire 10% stake in Changzhou Huichang Sensor Co., Ltd. from Jiangsu Riying Electronics Co., Ltd. (SHSE:603286) for CNY 18.2 million on February 5, 2020. The transaction was approved by the Board of Directors in the third session of the third meeting. As of September 30, 2019, Changzhou Huichang Sensor Co., Ltd. has a total assets of CNY 118.6 million and Net assets of CNY 108.4 million.
Changzhou Yingsheng Industrial Investment Partnership Enterprise Limited cancelled the acquisition of 10% stake in Changzhou Huichang Sensor Co., Ltd. from Jiangsu Riying Electronics Co., Ltd. (SHSE:603286) for CNY 18.2 million on February 5, 2021.
Jiangsu Riying Electronics Co Ltd is a China-based company mainly engaged in research and development, production and sales of auto parts. The company's products are divided into sensing products, transmission products, control products and others. The sensing products include various sensors and 360 panoramic view systems, the transmission products include automotive wiring harnesses, and the control products include sunroof controllers. The Company's products also include washing systems, precision injection molding and others. The Company mainly operates its businesses in the domestic and overseas markets.