Shunya International Martech Co., Ltd. intend to acquire remaining 60% stake in Tianjin Xingyan Yunhui Network Technology Co., Ltd. from Heze Zhongxing Enterprise Management Consulting Center (Limited Partnership) and Tang Si.
September 23, 2020
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Shunya International Martech (Beijing) Co., Ltd. (SZSE:300612) intend to acquire remaining 60% stake in Tianjin Xingyan Yunhui Network Technology Co., Ltd. from Heze Zhongxing Enterprise Management Consulting Center (Limited Partnership) and Tang Si on September 22, 2020. Shunya International Martech (Beijing) Co., Ltd. will use its own funds or self-raised funds of CNY 158.4 million. Shunya International Martech (Beijing) Co., Ltd. will acquire 28% stake from Heze Zhongxing Enterprise Management Consulting Center (Limited Partnership) and 32% stake from Tang Si. As of December 31, 2020, Tianjin Xingyan Yunhui Network Technology Co., Ltd. recorded total assets of CNY 112.39 million, net assets of CNY 41.40 million, operating revenue of CNY 146.45 million and net profit of CNY 15.81 million. The transaction shall be expected to complete with 30 days after signing of the agreement. The transaction has been approved by board of directors of Shunya International Martech (Beijing) Co., Ltd. The transaction is subjected to approval from shareholders of Shunya International Martech (Beijing) Co., Ltd.
Shunya International Martech Beijing Co Ltd is a China-based company mainly engaged in Internet marketing business. The Company is mainly engaged in three businesses. The digital marketing service business mainly provides comprehensive integrated marketing communication services to cooperate with customers' target markets, channels and terminals. The digital advertising service business provides dealers with one-stop marketing solutions through customized comprehensive services such as matrix services, training services, live broadcast services, and event services. The data technology product service business provides digital solutions for government and enterprise customers. The Company provides services to industries such as automobiles, Internet information technology and information technology communications, finance, and retail. The Company mainly conducts business in the domestic market.