Shenzhen Feihua Culture Co., Ltd. agreed to acquire Suzhou Tangren Digital Technology Co., Ltd. from Surfilter Network Technology Co., Ltd. for CNY 22 million.
June 10, 2021
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Shenzhen Feihua Culture Co., Ltd. agreed to acquire Suzhou Tangren Digital Technology Co., Ltd. from Surfilter Network Technology Co., Ltd. (SZSE:300311) for CNY 22 million on June 11, 2021. Within 1 month after Shenzhen Feihua Culture Co., Ltd. shareholders? approval, Shenzhen Feihua Culture Co., Ltd. will pay 51% of the transfer prices. Within 3 months after the completion of the transfer, Shenzhen Feihua Culture Co., Ltd. will pay the remaining amounts. On June 29, 2021, the company received an initial equity transfer payment of CNY 11.22 million. For the year ended on December 31, 2020, Suzhou Tangren Digital Technology Co., Ltd. reported Total assets CNY 2.04453 million, Net assets of CNY 1.38635 million, revenue of CNY 1.0962 million, operating profit of CNY 0.5617 and net profit of CNY 0.47134 million. The transaction is subject to Surfilter Network Technology shareholders? approval. The transaction has been approved by the board of Surfilter Network Technology.
Surfilter Network Technology Co., Ltd is a China-based company primarily engaged in the research, development, manufacture and sale of audit products and network monitoring products, as well as the provision of security integration services. The Companyâs products include network security audit products, Internet access information security products, network security management systems, firewalls, access resource management systems, application delivery systems and public opinion products, among others. The Company is also involved in the operation of online games and other game businesses. Its online games include mahjong games and card games. The Company operates businesses in both domestic and overseas markets.
SURFILTER NETWORK TECHNOLOGY CO., LTD. 
