Ningbo GQY Video & Telecom Joint-Stock Co., Ltd. cancelled the acquisition of 50% stake in Kaifeng Jinsheng Thermal Power Co., Ltd. from Yeu Long Hong Limited, Jinhui (Hong Kong) Group Company Limited and Henan Jinhenghui Energy Technology Development Co., Ltd.
December 27, 2020
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Ningbo GQY Video & Telecom Joint-Stock Co., Ltd. (SZSE:300076) signed the share transfer letter of intent to acquire 50% stake in Kaifeng Jinsheng Thermal Power Co., Ltd. from Yeu Long Hong Limited, Jinhui (Hong Kong) Group Company Limited and Henan Jinhenghui Energy Technology Development Co., Ltd. on December 28, 2019. Final transaction plan will be based on the final transaction document to be signed.
Ningbo GQY Video & Telecom Joint-Stock Co., Ltd. (SZSE:300076) cancelled the acquisition of 50% stake in Kaifeng Jinsheng Thermal Power Co., Ltd. from Yeu Long Hong Limited, Jinhui (Hong Kong) Group Company Limited and Henan Jinhenghui Energy Technology Development Co., Ltd. on December 28, 2020.
Ningbo GQY Video & Telecom Joint-Stock Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of large-screen splicing display systems. The Company's visual products are mainly used in communications, public security, civil engineering, public transportation, universities, power grids and insurance companies. The Company is also involved in the intelligent robot business. Its intelligent robots are mainly used in banking and finance industry. The Company operates its businesses in domestic market.
Ningbo GQY Video & Telecom Joint-Stock Co., Ltd. cancelled the acquisition of 50% stake in Kaifeng Jinsheng Thermal Power Co., Ltd. from Yeu Long Hong Limited, Jinhui (Hong Kong) Group Company Limited and Henan Jinhenghui Energy Technology Development Co., Ltd.