Misho Ecology & Landscape Co.,Ltd. signed a share acquisition framework agreement to acquire Mobile CPX Technology Limited from Ningbo Mobile CPX Investment Partnership Enterprise (Limited Partnership), Ganzhou Mobile CPX Business Management Partnership Enterprise (Limited Partnership) and Ganzhou Junzilan Investment Management Partnership Enterprise (Limited Partnership).
June 10, 2018
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Misho Ecology & Landscape Co.,Ltd. (SZSE:300495) signed a share acquisition framework agreement to acquire Mobile CPX Technology Limited from Ningbo Mobile CPX Investment Partnership Enterprise (Limited Partnership), Ganzhou Mobile CPX Business Management Partnership Enterprise (Limited Partnership) and Ganzhou Junzilan Investment Management Partnership Enterprise (Limited Partnership) on June 10, 2018. Under the terms of transaction, Misho Ecology & Landscape Co.,Ltd. will acquire 53.4% stake from Ningbo Mobile CPX Investment Partnership Enterprise (Limited Partnership), 28.6% stake from Ganzhou Mobile CPX Business Management Partnership Enterprise (Limited Partnership) and 18% stake from Ganzhou Junzilan Investment Management Partnership Enterprise (Limited Partnership). For the year ended December 31, 2017, Mobile CPX Technology Limited had revenue of CNY 185.3 million and net profit of CNY 34.6 million.
Misho Ecology & Landscape Co.,Ltd., formerly Jiangsu Misho Ecology & Landscape Co., Ltd., is a China-based company principally engaged in ecological landscape construction. The Company mainly operates through Ecological Restoration and Reconstruction segment and Garden Landscape segment. Ecological Restoration and Reconstruction segment is mainly involved in wetland restoration and protection, urban wetland parks, non-point source pollution ecological interception and governance, river course comprehensive treatment, mining rehabilitation, slope treatment and soil remediation, among others. Garden Landscape segment includes road greening, square landscape and real estate landscape, among others. The Company is also involved in the design and conservation of landscapes, as well as the sale nursery stocks. The Company operates its business mainly in domestic market.
Misho Ecology & Landscape Co.,Ltd. signed a share acquisition framework agreement to acquire Mobile CPX Technology Limited from Ningbo Mobile CPX Investment Partnership Enterprise (Limited Partnership), Ganzhou Mobile CPX Business Management Partnership Enterprise (Limited Partnership) and Ganzhou Junzilan Investment Management Partnership Enterprise (Limited Partnership).