Shenzhen Rapoo Technology Co., Ltd. completed the acquisition of 70% stake in Beijing Moyouxi Technology Co., Ltd. from Fang Yaowei, Zhan Zhihu and Zhu Guangmin.
January 17, 2014 at 04:00 am
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Shenzhen Rapoo Technology Co., Ltd. (SZSE:002577) signed a contract to acquire 70% stake in Beijing Moyouxi Technology Co., Ltd. from Fang Yaowei, Zhan Zhihu and Zhu Guangmin for approximately CNY 590 million on December 16, 2013. The transaction will be financed by Shenzhen Rapoo's own funds of CNY 132.62 million and excess proceeds of CNY 455.38 million. The transaction was unanimously approved by Board of Directors of Shenzhen Rapoo Technology Co., Ltd. on December 17, 2013. The transaction is subject to approval by shareholders of Shenzhen Rapoo Technology Co., Ltd. The transaction was approved by shareholders of Shenzhen Rapoo Technology Co., Ltd. on January 6, 2014.
Shenzhen Rapoo Technology Co., Ltd. (SZSE:002577) completed the acquisition of 70% stake in Beijing Moyouxi Technology Co., Ltd. from Fang Yaowei, Zhan Zhihu and Zhu Guangmin on January 17, 2014.
Shenzhen Rapoo Technology Co Ltd is a China-based company mainly engaged in the research, development and production of consumer electronics products. The Company's products mainly include gaming series, wireless series and new women's Ralemo. The gaming series products cover multiple product categories such as gaming mice, gaming keyboards, gaming headsets, game controllers, and gaming microphones. The wireless series products include wireless chargers, TWS wireless audio and video, multi-function docking stations, power adapters, cameras and other products. The Ralemo creates personalized and themed products from a female perspective, including air cushion mice, mousse keyboards, and others.
Shenzhen Rapoo Technology Co., Ltd. completed the acquisition of 70% stake in Beijing Moyouxi Technology Co., Ltd. from Fang Yaowei, Zhan Zhihu and Zhu Guangmin.
SHENZHEN RAPOO TECHNOLOGY CO., LTD. 
