Tianjin Jianyin International Jinhe Equity Investment Management Co., Ltd. signed an agreement to acquire 5.1% stake in NSFOCUS Technologies Group Co., Ltd. from Tus-S&T Service Co., Ltd. for approximately CNY 610 million.
September 21, 2021
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Tianjin Jianyin International Jinhe Equity Investment Management Co., Ltd. signed an agreement to acquire 5.1% stake in NSFOCUS Technologies Group Co., Ltd. (SZSE:300369) from Tus-S&T Service Co., Ltd. for approximately CNY 610 million on September 22, 2021. Tianjin Jianyin International Jinhe Equity Investment Management will acquire 40 million shares at CNY 15.3 per share. The share transfer price shall be paid in one lump sum within 2 working days after the completion of the transfer and registration of NSFOCUS Technologies Group’s shares. Prior to the transaction, Tus-S&T Service Co., Ltd. holds 10.2% stake and Tianjin Jianyin International Jinhe Equity Investment Management holds no stake in NSFOCUS Technologies Group.
NSFOCUS Technologies Group Co., Ltd., formerly Nsfocus Information Technology Co., Ltd., is engaged in the research, development, manufacture and distribution of specialty security products, as well as the provision of related services. The Company operates its businesses through three segments, including Security Product, Third-party Product and Security Service segments. The Security Product segment consists of security evaluation products, including benchmark verification systems (BVSs), remote security assessment systems (RSASs); detection and prevention products, including anti-DDoSsystem (ADS) and Web application firewall (WAF); security monitoring products, including security audit system (SAS) and others. The Security Services segment is engaged in the provision of the professional security services, such as security evaluation, security management, risk management and front stage warning services.
Tianjin Jianyin International Jinhe Equity Investment Management Co., Ltd. signed an agreement to acquire 5.1% stake in NSFOCUS Technologies Group Co., Ltd. from Tus-S&T Service Co., Ltd. for approximately CNY 610 million.