Beijing Hengji Guangye Investment Management Co., Ltd. acquired 10% stake in Zhongjin ZengchuInvestment Fund Co., Ltd. from Addsino Co., Ltd. for CNY 15.7 million.
October 19, 2016
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Beijing Hengji Guangye Investment Management Co., Ltd. acquired 10% stake in Zhongjin Zengchu (Beijing)Investment Fund Co., Ltd. from Addsino Co., Ltd. (SZSE:000547) for CNY 15.7 million on September 22, 2016.
Beijing Hengji Guangye Investment Management Co., Ltd. completed the acquisition of 10% stake in Zhongjin Zengchu (Beijing)Investment Fund Co., Ltd. from Addsino Co., Ltd. (SZSE:000547) on October 18, 2016.
ADDSINO CO.,LTD., formerly CHINASCHOLARS GROUP CO,.LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of command and control communication products, electronic Blue Force and simulation products and electromagnetic security products. The Company's main products include military communication products, experimental radio frequency simulation systems, experimental and field active target simulation systems, radar simulation systems, tactical training simulation systems and electromagnetic protection products, among others. The Company operates its business in domestic market, with North China, East China and southwest area of China as its main markets.