Suzhou Sushi Testing Group Co.,Ltd. agreed to acquire additional 3.5% stake in Xi’an Sushi Guangbo Environmental Reliability Laboratory Co., Ltd. from Yu Nan and Shi Weiping for CNY 6.295447 million.
July 11, 2022
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Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) agreed to acquire additional 3.5% stake in Xi'an Sushi Guangbo Environmental Reliability Laboratory Co., Ltd. from Yu Nan and Shi Weiping for CNY 6.295447 million on July 8, 2022. Yu Nan will sell 2% stake and Shi Weiping will sell 1.5% stake in Xi'an Sushi Guangbo Environmental Reliability Laboratory. The board of Suzhou Sushi Testing Group approved the deal and do not need shareholders' approval. Xi'an Sushi Guangbo Environmental Reliability Laboratory has reported total assets of CNY 137.638027 millionon March 31, 2022. Xi'an Sushi Guangbo Environmental Reliability Laboratory has reported revenue of CNY 67.10221622 million and net profit of CNY 16.74750673 million in 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 3.5% stake in Xi’an Sushi Guangbo Environmental Reliability Laboratory Co., Ltd. from Yu Nan and Shi Weiping for CNY 6.295447 million.
SUZHOU SUSHI TESTING GROUP CO.,LTD. 
