Zhejiang Jinghua Laser Technology Co., Ltd. signed an equity transfer contract to acquire Zhuhai Ouke Chuangying Culture Creative Co., Ltd from Guo Mingliang and Zhu Xuezhi for CNY 74.5 million.
December 25, 2018
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Zhejiang Jinghua Laser Technology Co., Ltd. (SHSE:603607) signed an equity transfer contract to acquire Zhuhai Ouke Chuangying Culture Creative Co., Ltd from Guo Mingliang and Zhu Xuezhi for CNY 74.5 million on December 21, 2018. In related transactions, Zhejiang Jinghua Laser Technology Co., Ltd signed contracts to acquire 54.46% stake in Zhuhai Ruimin Packaging Materials Co., Ltd from Eurasian Liansi International Co., Ltd for CNY 72.5 million, 2% of Zhuhai Ruiming Technology Co., Ltd. held by Guo Mingliang for CNY 2.92 million, 100% of FRESTAMP TECHNOLOGY COMPANY LIMITED held by Jiang Mingcong, Vladimir Vacariuc and Vitali Prisacar for CNY 15 million and 58% of Frestamp, INC. held by Vladimir Vacariuc and Vitali Prisacar for $2 million (CNY 13.8 million). Zhuhai Ouke Chuangying Culture Creative reported total assets of CNY 72.6 million, net assets of CNY 22.6 million, revenue of CNY 72.2 million and net income of CNY 9.97 million as of December 31, 2017.
Zhejiang Jinghua Laser Technology Co.,Ltd is a China-based company principally engaged in the manufacture, sale and technology development of laser holographic molded products. The Company's main products include laser holographic anti-counterfeiting paper and laser holographic anti-counterfeiting film. The Company's products are mainly used in the area of counterfeit-proof packaging in tobacco and alcohol, cosmetics, pharmaceuticals and food industries. The Company distributes its products mainly in domestic market.
Zhejiang Jinghua Laser Technology Co., Ltd. signed an equity transfer contract to acquire Zhuhai Ouke Chuangying Culture Creative Co., Ltd from Guo Mingliang and Zhu Xuezhi for CNY 74.5 million.
ZHEJIANG JINGHUA LASER TECHNOLOGY CO.,LTD 
