B-Soft Co., Ltd. signed an agreement to acquire 35% stake in Zhejiang Chuangyuan Environmental Technology Co., Ltd. from Ying Ying and Wu Jiangang for CNY 21 million.
July 17, 2016
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B-Soft Co., Ltd. (SZSE:300451) signed an agreement to acquire 35% stake in Zhejiang Chuangyuan Environmental Technology Co., Ltd. from Ying Ying and Wu Jiangang for CNY 21 million on July 18, 2016. Under the terms, 3.6 million shares will be acquired from Ying Ying while 0.6 million shares will be acquired from Wu Jiangang at CNY 5 per share. B-Soft has already paid CNY 18 million and 3.6 million share have been transferred. For the year ended December 31, 2015, Zhejiang Chuangyuan Environmental Technology Co., Ltd. reported total assets of CNY 59.9 million, owner’s equity of CNY 33.5 million, revenue of CNY 57.6 million, operating profit of CNY 5.3 million and net profit of CNY 5 million.
B-Soft Co., Ltd. is a China-based company principally involved in medical and health information construction. It operates three businesses. The medical and informatization application software business includes hospital information application software and public health information application software. The information technology-based system integration business includes computer information equipment system integration business and intelligent network cabling engineering integration business. The information technology (IT) operation and maintenance service business includes financial self-service equipment professional technical service business and medical industry's maintenance technology service business. The Company mainly conducts its businesses in domestic market.
B-Soft Co., Ltd. signed an agreement to acquire 35% stake in Zhejiang Chuangyuan Environmental Technology Co., Ltd. from Ying Ying and Wu Jiangang for CNY 21 million.
B-SOFT CO.,LTD. 
