Hangzhou Changchuan Technology Co., Ltd. acquired an unknown minority stake in Hangzhou Changxin Investment Management Co., Ltd. from Ningbo Silicon Paradise Equity Investment Management Co., Ltd.
December 12, 2018
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Hangzhou Changchuan Technology Co., Ltd. (SZSE:300604) signed a share transfer agreement to acquire an unknown minority stake in Hangzhou Changxin Investment Management Co., Ltd. from Ningbo Silicon Paradise Equity Investment Management Co., Ltd. on May 25, 2018. Ningbo Silicon Paradise Equity Investment Management Co., Ltd. will transfer its unpaid CNY 5 million worth of investment in Hangzhou Changxin Investment Management Co., Ltd. On May 28, 2018, the shareholders of Hangzhou Changxin Investment Management Co., Ltd. approved the transaction.
Hangzhou Changchuan Technology Co., Ltd. (SZSE:300604) completed the acquisition of an unknown minority stake in Hangzhou Changxin Investment Management Co., Ltd. from Ningbo Silicon Paradise Equity Investment Management Co., Ltd. on May 30, 2018. The registration modification for share transfer got completed.
Hangzhou Changchuan Technology Co Ltd, formerly Hangzhou Chang Chuan Technology Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and sales of application-specific equipment for integrated circuit. The Company operates through two main segments. The Main Business segment is primarily involved in the research, development, manufacture and sales of application-specific test and sorting equipment for integrated circuit. The Other Business segment is mainly engaged in the sales of components and provision of maintenance service.
HANGZHOU CHANGCHUAN TECHNOLOGY CO.,LTD 
