Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 5.09% stake in Urovo Technology Co., Ltd. from Urovo Technology (Hong Kong) Holdings Limited.
March 20, 2023
Share
Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) agreed to acquire a 5.09% stake in Urovo Technology Co., Ltd. (SZSE:300531) from Urovo Technology (Hong Kong) Holdings Limited for approximately CNY 240 million on February 16, 2023. Under the terms, Zhuhai Gejin will acquire 16 million shares of Urovo Technology at a price of CNY 14.80 per share. Post acquisition, Urovo Technology (Hong Kong) will holf 34.82% stake and Zhuhai Gejin will hold 5.09% stake in Urovo Technology
Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 5.09% stake in Urovo Technology Co., Ltd. (SZSE:300531) from Urovo Technology (Hong Kong) Holdings Limited March 21, 2023.
Shenzhen Urovo Technology Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of intelligent mobile terminals and the provision of providing integrated solutions of mobile applications. The Companyâs products include intelligent mobile data terminals, intelligent mobile payment terminals, industrial handheld scanners, as well as portable printers and others. The Companyâs products are applied in logistics industry, chain retail, warehousing industry, clothing industry, medical industry, mobile law enforcement, finance industry, as well as tobacco industry and others. The Company mainly operates its business in domestic market.