Beijing Dinghan Technology Co., Ltd. (SZSE:300011) agreed to acquire Guangzhou Zhongche Railway Vehicles Equipment Joint-Stock Co., Ltd. from Guangzhou Zhongche Railway Sales & Leasing Co., Ltd. for CNY 360 million on January 29, 2015. Guangzhou Zhongche had revenues of CNY 359.41 million, operating profit of CNY 41.18 million, net profit of CNY 35.67 million, total assets of CNY 881.2 million and net asset of CNY 188.29 million in 2014. On January 29, 2015, Beijing Dinghan's Directorate approved the transaction.
Beijing Dinghan Technology Co., Ltd. (SZSE:300011) completed the acquisition of Guangzhou Zhongche Railway Vehicles Equipment Joint-Stock Co., Ltd. from Guangzhou Zhongche Railway Sales & Leasing Co., Ltd. on January 30, 2015. On January 30, 2015, Guangzhou Zhongche Railway Vehicles Air Conditioning Equipment Joint-Stock received notice on the approval of registration change from the bureau of industry and commerce of Guangzhou, approving for Guangzhou Zhongche Railway Vehicles Air Conditioning Equipment Joint-Stock's shareholder to change to Beijing Dinghan Technology.
Beijing Dinghan Technology Group Co., Ltd., formerly Beijing Dinghan Technology Co., Ltd., is a China-based company principally engaged in the research, development, manufacture, sales, installation and maintenance of specialty transit products. The Company's main products include vehicle equipment and ground equipment. The Company's products are used in transportation vehicles, electricity, public works, power supply and operation, among others. The Company distributes its products mainly in domestic market.
BEIJING DINGHAN TECHNOLOGY GROUP CO.LTD 
