Beijing Zhongguancun Development Qihang Industry Fund managed by Beijing Qihang Investment Management Co., Ltd. and Beijing Zhongfa Qihang Kyland Huasheng Special Investment Fund (Limited Partnership) for CNY 216.2 million
December 16, 2021
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Beijing Zhongguancun Development Qihang Industry Fund managed by Beijing Qihang Investment Management Co., Ltd. and Beijing Zhongfa Qihang Kyland Huasheng Special Investment Fund (Limited Partnership) for CNY 216.2 million on December 17, 2021.
The parties agree that the equity transfer price shall be paid in two installments, and the transferee shall pay the first equity transfer price of CNY 640 million to the transferor 1 before December 31, 2021. The first equity transfer price of CNY 96.86 million is paid to the transferor 2. After one year has passed since the payment of the first transfer price, the transferee shall pay the remaining price 7 million to Beijing Zhongguancun Development Qihang Industry Investment Fund (Limited Partnership). The remaining price of 105.97 million is paid to the Beijing Zhongfa Qihang Kyland Huasheng Special Investment Fund (Limited Partnership).
Kyland Technology Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and distribution of network products for military use and industrial use. Its network products for military use and industrial use mainly include Ethernet switches, multi-media command and dispatch systems, precision clock synchronization and gateway products, as well as embedded industrial servers. The Company also provides big data services and network services, including big data analysis and mining and marketing and planning services, among others. The Company operates businesses in both domestic and overseas markets.
Beijing Zhongguancun Development Qihang Industry Fund managed by Beijing Qihang Investment Management Co., Ltd. and Beijing Zhongfa Qihang Kyland Huasheng Special Investment Fund (Limited Partnership) for CNY 216.2 million