Xiao Ling entered into a share transfer agreement to acquire Shanghai Zhendan Fire Engineering Co., Ltd. from Shanghai Yanhua Smartech Group Co., Ltd. for CNY 14.1 million.
January 03, 2020
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Xiao Ling entered into a share transfer agreement to acquire Shanghai Zhendan Fire Engineering Co., Ltd. from Shanghai Yanhua Smartech Group Co., Ltd. (SZSE:002178) for CNY 14.1 million recently. The transaction does not need the approvals of the Shanghai Yanhua Smartech’s Directorate and shareholders.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD is a China-based company, principally engaged in the intelligent building business. The Company operates its business through general contracting of consulting, planning, design, construction as well as latter operation and maintenance intellectualization projects. The Company's main business covers intelligent building projects, intelligent medical projects, and intelligent energy saving projects, among others. In addition, it is engaged in the software and consulting services, as well as the sales of intelligent electronic products. The Company operates its business in domestic markets, with East China as its main market.
Xiao Ling entered into a share transfer agreement to acquire Shanghai Zhendan Fire Engineering Co., Ltd. from Shanghai Yanhua Smartech Group Co., Ltd. for CNY 14.1 million.