Capitalonline Data Service Co., Ltd. completed the acquisition of Huailai Wisdom Yungang Technology Co., Ltd. from Liling Junchen Enterprise Management Consulting Partnership Enterprise (Limited Partnership) and Beijing Wangjian Internet Information Service Center Co., Ltd.
April 21, 2023
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Capitalonline Data Service Co., Ltd. (SZSE:300846) signed the acquisition agreement to acquire Huailai Wisdom Yungang Technology Co., Ltd. from Liling Junchen Enterprise Management Consulting Partnership Enterprise (Limited Partnership) and Beijing Wangjian Internet Information Service Center Co., Ltd. for CNY 27.4 million on March 22, 2023. The consideration will be paid in two stages, first stage of consideration payment all parties agree that the Capitalonline Data Service will pay the first phase consideration of CNY 14 million and will pay CNY 13.39 million no later than March 31, 2024. The transaction was approved by the 14th session of the Capitalonline Data Service Co., Ltd 5th directorate. For the year ended, February 28, 2023, Huailai Wisdom Yungang Technology Co., Ltd. 16.480 million and net asset is CNY 13.3650 million.
Capitalonline Data Service Co., Ltd. (SZSE:300846) completed the acquisition of Huailai Wisdom Yungang Technology Co., Ltd. from Liling Junchen Enterprise Management Consulting Partnership Enterprise (Limited Partnership) and Beijing Wangjian Internet Information Service Center Co., Ltd. on April 22, 2023.
Capitalonline Data Service Co Ltd is a China-based company mainly engaged in the provision of global cloud network integration solutions. The Company mainly operates three segments. The Internet Data Center (IDC) Service segment provides customers with leased space and bandwidth, equipment installation and maintenance. It also provides transmission lines. The Cloud Service segment provides cloud hosting services. The Other Services segments mainly provide value-added services, equipment sales and agency advertising services. The Company mainly serves customers in industrials such as games, e-commerce, video, education, big data and others.
Capitalonline Data Service Co., Ltd. completed the acquisition of Huailai Wisdom Yungang Technology Co., Ltd. from Liling Junchen Enterprise Management Consulting Partnership Enterprise (Limited Partnership) and Beijing Wangjian Internet Information Service Center Co., Ltd.