Wuhan Ligong Guangke Co., Ltd. signed a share transfer agreement to acquire remaining 49% stake in Wuhan Fengli Photoelectric Technology Co., Ltd. from Wuhan Guanggu Fenghuo Technology Venture Capital Co., Ltd. for CNY 24.2 million.
October 18, 2020
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Wuhan Ligong Guangke Co., Ltd. (SZSE:300557) signed a share transfer agreement to acquire remaining 49% stake in Wuhan Fengli Photoelectric Technology Co., Ltd. from Wuhan Guanggu Fenghuo Technology Venture Capital Co., Ltd. for CNY 24.2 million on October 16, 2020. Wuhan Fengli Photoelectric Technology Co., Ltd. reported total assets of CNY 54.84 million and net assets of CNY 42.83 million as of June 30, 2020. The transaction has been approved by the Board of Wuhan Ligong Guangke Co., Ltd.
Wuhan Ligong Guangke Co Ltd is a company engaged in providing optical fiber sensors and Internet of things (IoT) application systems. The Company's products include tank fire alarm systems, tunnel fire alarm systems, intelligent pipe gallery and intelligent monitoring systems, perimeter intrusion alarm systems, intelligent bridge structure monitoring systems, fire alarm systems and fire engineering. The products are mainly used in petroleum and petrochemical, highway tunnel fire monitoring, large bridge monitoring, smart grid and other areas.
Wuhan Ligong Guangke Co., Ltd. signed a share transfer agreement to acquire remaining 49% stake in Wuhan Fengli Photoelectric Technology Co., Ltd. from Wuhan Guanggu Fenghuo Technology Venture Capital Co., Ltd. for CNY 24.2 million.
WUHAN LIGONG GUANGKE CO., LTD. 
