Shanghai Ershuo Technology Partnership (Limited Partnership), Shanghai Yiyuan Technology Partnership (Limited Partnership), Shanghai Haowei Technology Partnership (Limited Partnership) and Shanghai Niuyous Technology Partnership (Limited Partnership) cancelled the acquisition to acquire 17% stake in Zhejiang Xiaowang Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd..
December 18, 2022
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Shanghai Ershuo Technology Partnership (Limited Partnership), Shanghai Yiyuan Technology Partnership (Limited Partnership), Shanghai Haowei Technology Partnership (Limited Partnership) and Shanghai Niuyous Technology Partnership (Limited Partnership) agreed to acquire 17% stake in Zhejiang Xiaowang Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for CNY 102 million on July 27, 2022. The board of Beijing Watertek Information Technology approved the deal on July 27, 2022. Zhejiang Xiaowang Technology has reported total assets of CNY 63.156737 million on March 31, 2022. Zhejiang Xiaowang Technology has reported net profit of CNY -46.329043 million in December 31, 2021.
Shanghai Ershuo Technology Partnership (Limited Partnership), Shanghai Yiyuan Technology Partnership (Limited Partnership), Shanghai Haowei Technology Partnership (Limited Partnership) and Shanghai Niuyous Technology Partnership (Limited Partnership) cancelled the acquisition to acquire 17% stake in Zhejiang Xiaowang Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) on December 19, 2022.
Beijing Watertek Information Technology Co., Ltd. is a China-based company principally engaged in the provision of tax informatization products and services. The Company also provides embedded system testing products and services, the testing and selection services of electronic components, health management data service platforms, wireless broadband multimedia command systems, as well as intelligent energy, intelligent traffic, intelligent buildings and city security products and services, among others. The Company mainly operates businesses in domestic market.