Shiyan Zhongda Huixiang Enterprise Management Partnership Enterprise (L.P.) entered into Share Transfer Agreement to acquire 11.42% stake in Guangdong DP Co.,Ltd. from Zhuo Chuguang, Guo Shaoyan for CNY 370 million.
May 08, 2024
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Shiyan Zhongda Huixiang Enterprise Management Partnership Enterprise (L.P.) entered into Share Transfer Agreement to acquire 11.42% stake in Guangdong DP Co.,Ltd. (SZSE:300808) from Zhuo Chuguang, Guo Shaoyan for CNY 370 million on May 9, 2024. 18.3 million shares of Guangdong DP are being acquired at a price of CNY 20. The deal is subject to approval from state-owned assets supervision and Shenzhen Stock Exchange.
Guangdong DP Co.,Ltd. is a China-based company mainly engaged in the design, research and development, production and sales of lighting products. The Company's products include light emitting diode (LED) portable lighting series, such as flashlights, emergency lights, headlights, searchlights and camping lights, LED household lighting series, such as table lamps, bulb lamps, etc., and other mobile home appliances, such as electric mosquito swatters. The Company operates its businesses within the domestic market and to overseas markets such as Asia, Africa, North and South America.
Shiyan Zhongda Huixiang Enterprise Management Partnership Enterprise (L.P.) entered into Share Transfer Agreement to acquire 11.42% stake in Guangdong DP Co.,Ltd. from Zhuo Chuguang, Guo Shaoyan for CNY 370 million.