Jinan Big Data Co., Ltd. entered into share transfer agreement to acquire 5.20% stake in Synthesis Electronic Technology Co.,Ltd. from Shandong Synthesis Technology Investment Co., Ltd. for approximately 110 million.
June 04, 2024
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Jinan Big Data Co., Ltd. entered into share transfer agreement to acquire 5.20% stake in Synthesis Electronic Technology Co.,Ltd. (SZSE:300479) from Shandong Synthesis Technology Investment Co., Ltd. for approximately 110 million on May 31, 2024. A cash consideration valued at CNY 11.53 per share will be paid by Jinan Big Data Co., Ltd.
Synthesis Electronic Technology Co., Ltd., formerly Shandong Synthesis Electronic Technology Co., Ltd, is a China-based company engaged in development, manufacture and sales of smart identification terminals and industry application software. The Companyâs products include terminal products and system products. The terminal products include cards authentication terminals and industry solutions, compound authentication terminals for cards and biological features and industry solutions, multi-function terminals for identification and electric payment and industry solutions. The cards include identity cards, social insurance cards, bank cards, health certificates, residence permits, citizen metro cards. The biological features include finger print, facial form, iris, digital veins and others. The Companyâs system products comprise terminal equipment and industry application software in four industries of finance, public safety, communication and social insurance (life insurance).
Jinan Big Data Co., Ltd. entered into share transfer agreement to acquire 5.20% stake in Synthesis Electronic Technology Co.,Ltd. from Shandong Synthesis Technology Investment Co., Ltd. for approximately 110 million.