Zhang Heyang completed the acquisition of 9.2% stake in Wanma Technology Co., Ltd. from Zhang Desheng.
March 22, 2021
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Zhang Heyang signed an agreement to acquire 9.2% stake in Wanma Technology Co., Ltd. (SZSE:300698) from Zhang Desheng for approximately CNY 160 million on December 23, 2020. Under the terms of transaction, Zhang Heyang will purchase 12.3615 million shares at the purchase price of CNY 12.84 per share.
Zhang Heyang completed the acquisition of 9.2% stake in Wanma Technology Co., Ltd. (SZSE:300698) from Zhang Desheng on March 23, 2021.
Wanma Technology Co Ltd is a company mainly engaged in research, development, production and sales of communication equipment. The Company's communication products include communication network wiring, optical distribution network (ODN) products, optical devices and information cabinets, which are used in cloud platform construction, communication networks and rail transportation. The Company is also involved in production and sales of medical information products, including mobile medical care workstations, mobile doctor workstations, front bed mobile settlement workstations and so on.