Shenyang Minghui Technology Co., Ltd. completed the acquisition of Shenzhen Allwin Communication Co., Ltd. from Allwin Telecommunication Co., Ltd. (SZSE : 002231).
July 30, 2023
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Shenyang Minghui Technology Co., Ltd. agreed to acquire Shenzhen Allwin Communication Co., Ltd. from Allwin Telecommunication Co., Ltd. (SZSE : 002231) for CNY 1 on July 24, 2023. Shenzhen Allwin Communication had total assets of CNY 2.0832 million and total common equity of CNY -6.0546 million, as of June 30, 2023. The transaction has been considered and approved at the 17th meeting of the 6th board of directors of Allwin Telecommunication on July 24, 2023.
Shenyang Minghui Technology Co., Ltd. completed the acquisition of Shenzhen Allwin Communication Co., Ltd. from Allwin Telecommunication Co., Ltd. (SZSE : 002231) on July 31, 2023.
ALLWIN TELECOMMUNICATION CO., LTD is a China-based company principally engaged in the development, production and sale of mobile communication network optimization coverage equipment and system integration solutions, as well as the provision of related services. The Companyâs main products include various kinds of direct repeater stations, digital optical fiber distribution systems, various kinds of power dividers, as well as various kinds of ventricular antennas and beautified antennas. The Company's products are mainly used in mobile communication customer gathering areas, such as large buildings, stadiums and clubs. The Company distributes its products in domestic market.
ALLWIN TELECOMMUNICATION CO., LTD. 
