China Life Insurance Company Limited completed the acquisition of additional 5% stake in Wonders Information Co., Ltd from Shanghai Wanhao Investment Co., Ltd.
June 30, 2020
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China Life Insurance Company Limited (SEHK:2628) agreed to acquire additional 5% stake in Wonders Information Co., Ltd (SZSE:300168) from Shanghai Wanhao Investment Co., Ltd. for approximately CNY 790 million on June 23, 2019. China Life Insurance Company Limited will acquire 55 million shares at 14.44 per share. Prior to this change in equity, Shanghai Wanhao Investment Co., Ltd. holds 200.6 million shares in Wonders Information Co., Ltd, accounting for 18.2871% stake and China Life Insurance Company Limited holds a total of 109.7 million shares in Wonders Information Co., Ltd, accounting for 10.0042% stake. After this change in equity, Shanghai Wanhao Investment Co., Ltd. will hold 145.6 million shares accounting for 13.2729% stake and China Life Insurance Company Limited will hold 164.7 shares, accounting for 15.0183% stake of Wonders Information Co., Ltd total share capital.
China Life Insurance Company Limited (SEHK:2628) completed the acquisition of additional 5% stake in Wonders Information Co., Ltd (SZSE:300168) from Shanghai Wanhao Investment Co., Ltd. in second quarter of 2020.
Wonders Information Co., Ltd is specialized in the publishing and integration of urban information software. The company produces applications and software intended to facilitate information exchange in the domains of health, transport, social security, education, etc.
All sales are earned in China.
China Life Insurance Company Limited completed the acquisition of additional 5% stake in Wonders Information Co., Ltd from Shanghai Wanhao Investment Co., Ltd.
WONDERS INFORMATION CO., LTD 
