Suzhou Sushi Testing Group Co.,Ltd. agreed to acquire additional 18.5% stake in Chengdu Sushiguangbo Environmental Reliability Technology Ltd. from Zhang Qiang, Chen Yueqiang, Li Shijun, Chen Hongji and Liu Chunhua for CNY 57.3 million.
July 11, 2022
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Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) agreed to acquire additional 18.5% stake in Chengdu Sushiguangbo Environmental Reliability Technology Ltd. from Zhang Qiang, Chen Yueqiang, Li Shijun, Chen Hongji and Liu Chunhua for CNY 57.3 million on July 8, 2022. Zhang Qiang will sell 9.5% stake, Chen Yueqiang will sell 6% stake, Li Shijun will sell 1% stake, Chen Hongji will sell 1% stake and Liu Chunhua will sell 1% stake in Chengdu Sushiguangbo Environmental. The board of Suzhou Sushi Testing Group has approved the deal and do not need shareholders' approval. Chengdu Sushiguangbo Environmental Reliability Technology has reported total assets of CNY 117.667256 million on March 31, 2022. Chengdu Sushiguangbo Environmental has reported revenue of CNY 85.1504008 million and net profit of CNY 29.46249685 million on December 31, 2021.
Suzhou Sushi Testing Group Co., Ltd., formerly Suzhou Sushi Testing Instrument Co., Ltd, is a China-based mechanical environmental testing equipment and solution provider. The Company primarily provides vibration test equipment and other mechanical environment test equipment, used in aerospace, electronics, automotive, rail transportation and other fields. Its testing equipment mainly include electric vibration test systems, hydraulic vibration test systems, integrated environmental testing systems and impact test rigs, among others. The Company distributes its products within domestic market and to overseas markets.
Suzhou Sushi Testing Group Co.,Ltd. agreed to acquire additional 18.5% stake in Chengdu Sushiguangbo Environmental Reliability Technology Ltd. from Zhang Qiang, Chen Yueqiang, Li Shijun, Chen Hongji and Liu Chunhua for CNY 57.3 million.
SUZHOU SUSHI TESTING GROUP CO.,LTD. 
