Hangzhou Anysoft Information Technology Co., Ltd. signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million.
September 23, 2020
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Hangzhou Anysoft Information Technology Co., Ltd. (SZSE:300571) signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million on September 23, 2020. After the completion of this transaction, Shenzhen SuperElectron technology co., Ltd. will become a wholly-owned subsidiary of the Hangzhou Anysoft Information Technology Co., Ltd. As on April 30, 2020, Shenzhen SuperElectron technology co., Ltd. reported total assets of CNY 994.0788 million and owners' equity of CNY 80.5384 million. Hangzhou Anysoft Information Technology held the 17th meeting of the third directorate on September 23, 2020 and reviewed and approved the acquisition.
Hangzhou Anysoft Information Technology Co Ltd is a company mainly engaged in providing digital reading related products and services. The Company operates four businesses. The mobile reading business provides reading services to users through cooperating with copyright parties and using both its own and third-party reading platforms. The content covers online literature, published books, magazines, newspapers, radio broadcasts and training lectures. The Company operates smart family business through its subsidiary, and is engaged in research and development, production and sales of broadband network terminal equipment, communication network equipment and mobile communication network optimization equipment. The information business provides users with professional magazines, industry journals and other reading content through mobile newspapers and We Media pushes. The other value-added telecommunications business provides music and videos through the Company's mobile reading platforms.
Hangzhou Anysoft Information Technology Co., Ltd. signed an equity transfer agreement to acquire the remaining 49% stake in Shenzhen SuperElectron technology co., Ltd. from Guizhou Zhaoding Enterprise Management Partnership (Limited Partnership) for approximately CNY 350 million.
HANGZHOU ANYSOFT INFORMATION TECHNOLOGY CO., LTD. 
