Jiangsu Leike Defense Technology Co., Ltd. agreed to acquire remaining 30% stake in Chengdu ACTi Technology & Development Co., Ltd. from Chengdu Anding Fortune Enterprise Management Consulting Center (General Partnership), Han Zhouan and Han Bing for approximately CNY 280 million.
July 12, 2020
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Jiangsu Leike Defense Technology Co., Ltd. (SZSE:002413) agreed to acquire remaining 30% stake in Chengdu ACTi Technology & Development Co., Ltd. from Chengdu Anding Fortune Enterprise Management Consulting Center (General Partnership), Han Zhouan and Han Bing for approximately CNY 280 million on July 10, 2020. As per terms of transaction, Jiangsu Leike Defense Technology Co., Ltd will acquire 8.26% stake from Chengdu Anding Fortune Enterprise Management Consulting Center (General Partnership), 15.95% stake from Han Zhouan and 5.79% stake from Han Bing. Upon completion, Chengdu ACTi Technology & Development Co., Ltd. will become wholly owned subsidiary of Jiangsu Leike Defense Technology Co., Ltd. Jiangsu Leike Defense Technology Co., Ltd. announced a private placement to raise not more than CNY 602.4 million, the proceeds of which will be used for payment of consideration. For the year ended December 31, 2019, Chengdu ACTi Technology & Development Co., Ltd. reported total common equity of CNY 251.5078 million, total assets of CNY 333.0170 million, operating income of CNY 185.9937 million, revenue of CNY 79.8525 million and net profit of CNY 69.2668 million. Transaction is approved by the board of Jiangsu Leike Defense Technology Co., Ltd.
Beijing LeiKe Defense Technology Co Ltd, formerly Jiangsu Leike Defense Technology Co Ltd, is a company mainly engaged in the research and development (R&D), manufacturing and sales of relevant products of radar system business group and satellite application business group. The Company is also engaged in R&D, manufacturing and sales of relevant products of intelligent control business group, secure storage business group and intelligent network connection business group. The radar system business group has relevant technologies and products in national defense, transportation, civil aviation, meteorology, automobile and other industry markets. The satellite application business group has developed a number of core and key equipment of remote sensing satellites and ground systems, forming an industrial capacity of on-board and ground cooperation.
Jiangsu Leike Defense Technology Co., Ltd. agreed to acquire remaining 30% stake in Chengdu ACTi Technology & Development Co., Ltd. from Chengdu Anding Fortune Enterprise Management Consulting Center (General Partnership), Han Zhouan and Han Bing for approximately CNY 280 million.
BEIJING LEIKE DEFENSE TECHNOLOGY CO., LTD. 
