Zhongan Industrial Investment Co., Ltd. signed an agreement to acquire Great Wall Broadband Network Service Co., Ltd., Henan Juxin Network Information Service Co., Ltd., Shenyang Dr. Peng Network Service Co., Ltd. and Zhejiang Dr. Peng Network Service Co., Ltd. from Dr. Peng Telecom & Media Group Co., Ltd. for CNY 1 million.
September 03, 2020
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Zhongan Industrial Investment (Shenzhen) Co., Ltd. signed an agreement to acquire Great Wall Broadband Network Service Co., Ltd., Henan Juxin Network Information Service Co., Ltd., Shenyang Dr. Peng Network Service Co., Ltd. and Zhejiang Dr. Peng Network Service Co., Ltd. from Dr. Peng Telecom & Media Group Co., Ltd. (SHSE:600804) for CNY 1 million on September 4, 2020. The transaction was approved by the board of Dr. Peng Telecom & Media Group Co., Ltd. As of December 31, 2020, Great Wall Broadband Network Service has a total assets of CNY million, total owners' equity of CNY million, operating revenue of CNY million and a net profit of CNY million.Great Wall Broadband Network Service, Henan Juxin Network Information Service, Shenyang Dr. Peng Network Service and Zhejiang Dr. Peng Network Service has a consolidate total assets of CNY 4.6 billion, a negative total owners' equity of CNY 2.6 billion, operating revenue of CNY 2.2 billion and a net loss of CNY 2.8 million,
Dr.Peng Telecom & Media Group Co Ltd is a China-based company principally engaged in the provision of Internet access and value-added services. The Company operates through four segments. The Smart Cloud Network Business segment focuses on the digital transformation market of small and medium-sized enterprises, providing them with a one-stack solution of Cloud + Network + Application + Service. The Data Center Business segment provides data center services. The Home Broadband and Value-added Business segment provides related Internet access services to households and government enterprises. The Industrial Internet and Digital Economy Industrial Park Business segment provides industrial Internet architecture solutions for traditional enterprises. The Company conducts its businesses in domestic market and overseas markets.
Zhongan Industrial Investment Co., Ltd. signed an agreement to acquire Great Wall Broadband Network Service Co., Ltd., Henan Juxin Network Information Service Co., Ltd., Shenyang Dr. Peng Network Service Co., Ltd. and Zhejiang Dr. Peng Network Service Co., Ltd. from Dr. Peng Telecom & Media Group Co., Ltd. for CNY 1 million.