Guangdong Anjubao Digital Technology Co., Ltd. signed an equity transfer agreement to acquire remaining 5% stake in Guangdong Anjubao Display Technology Co., Ltd. from Wu Yiwen for CNY 4.6 million.
June 14, 2021
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Guangdong Anjubao Digital Technology Co., Ltd. (SZSE:300155) signed an equity transfer agreement to acquire remaining 5% stake in Guangdong Anjubao Display Technology Co., Ltd. from Wu Yiwen for CNY 4.6 million on June 15, 2021. Out of total consideration, CNY 4 million shall be paid within three working days after the agreement becomes effective and the remaining CNY 0.5608 million shall be paid in three working days after completing the procedures for industrial and commercial changes. Post transaction, Guangdong Anjubao Display Technology Co., Ltd. will become wholly owned subsidiary of Guangdong Anjubao Digital Technology Co., Ltd. Guangdong Anjubao Display Technology Co., Ltd. reported total assets of CNY 89.61 million, total liabilities of CNY 14.95 million, total owner's equity of CNY 74.66 million, operating income of CNY 205.17 million, operating profit of CNY 17.36 million and net profit of CNY 12.91 million for the year ended December 31, 2020. Transaction is approved by board of directors of Guangdong Anjubao Digital Technology Co., Ltd. Transaction will not cause changes in the scope of Guangdong Anjubao Digital Technology Co., Ltd.'s consolidated statements, will not harm the company and shareholders' rights and interests, will be conducive to the further development of the company's business, and conform to the company's long-term development interests.
Guangdong Anjubao Digital Technology Co., Ltd. is a China-based company principally engaged in the design, manufacture, sale and provision of services of community security systems. The Companyâs main products include building conversational systems, intelligent household systems, burglar alarm systems, parking systems, monitoring systems, cable systems and Liquid Crystal Display (LCD) screens, among others. The Company's products are mainly used in new residential communities. The Company distributes its products mainly in domestic market.
Guangdong Anjubao Digital Technology Co., Ltd. signed an equity transfer agreement to acquire remaining 5% stake in Guangdong Anjubao Display Technology Co., Ltd. from Wu Yiwen for CNY 4.6 million.