Beijing Jetsen Technology Co., Ltd. cancelled the acquisition of 20% stake in Beijing Datavision Technology Co., Ltd. from Yao Wei, Zhang Xiao, Zhao Wenguo, Hong Tao, Yang Yonglin, Liu Wenbin and Zhou Yanjin.
July 08, 2015 at 12:00 am EDT
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Beijing Jetsen Technology Co., Ltd. (SZSE:300182) agreed to acquire 20% stake in Beijing Datavision Technology Co., Ltd. from Yao Wei, Zhang Xiao, Zhao Wenguo, Hong Tao, Yang Yonglin, Liu Wenbin and Zhou Yanjin for CNY 6 million on July 8, 2014. Post closing, Beijing Jetsen Technology will hold 20% stake in Beijing Datavision Technology Co., Ltd. Yao Wei will sell 10.10% stake, Zhang Xiao will sell 8.00% stake, Zhao Wenguo will sell 0.60% stake, Hong Tao will sell 0.60% stake, Yang Yonglin will sell 0.30% stake, Liu Wenbin will sell 0.20% stake, and Zhou Yanjin will sell 0.20% stake. Beijing Jetsen Technology Co., Ltd. will use partial excess proceeds for the acquisition.
During the year ended December 31, 2013, Beijing Datavision Technology Co., Ltd. had total assets of CNY 8.25 million, total liabilities of CNY 6.42 million, total net assets of CNY 1.83 million, revenues of CNY 8.26 million, operating profit of CNY 0.55 million, and net profit of CNY 0.84 million. Board of Directors of Beijing Jetsen Technology Co., Ltd. approved the transaction on July 8, 2014. The transaction does not require Beijing Jetsen Technology Co., Ltd.'s shareholder resolution.
Beijing Jetsen Technology Co., Ltd. (SZSE:300182) cancelled the acquisition of 20% stake in Beijing Datavision Technology Co., Ltd. from Yao Wei, Zhang Xiao, Zhao Wenguo, Hong Tao, Yang Yonglin, Liu Wenbin and Zhou Yanjin on July 8, 2015.
Beijing Jebsen Century Technology Co Ltd, formerly Beijing Jetsen Technology Co Ltd, is a China-based company primarily engaged in the business of film copyright operation and services. The Companyâs copyright operation business provides domestic and foreign films and animations. The Companyâs other products include audio-video integrated solutions, film content production, and other related products. The Company mainly conducts businesses within domestic market.
Beijing Jetsen Technology Co., Ltd. cancelled the acquisition of 20% stake in Beijing Datavision Technology Co., Ltd. from Yao Wei, Zhang Xiao, Zhao Wenguo, Hong Tao, Yang Yonglin, Liu Wenbin and Zhou Yanjin.
BEIJING JETSEN TECHNOLOGY CO., LTD 
