SEP Analytical Co., Ltd. completed the acquisition of 45.38% stakes in Shanghai Jierang Environmental Protection Technology Co., Ltd from Yin Bingkui, Zou Yanping and Zhenjiang Wotu No. 1 Fund Partnership Enterprise (Limited Partnership) managed by Jiangsu Wotu Equity Investment Management Partnership Enterprise (L.P.).
October 12, 2022
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SEP Analytical (Shanghai) Co., Ltd. (SZSE:301228) agreed to acquire 45.38% stakes in Shanghai Jierang Environmental Protection Technology Co., Ltd from Yin Bingkui, Zou Yanping and Zhenjiang Wotu No. 1 Fund Partnership Enterprise (Limited Partnership) managed by Jiangsu Wotu Equity Investment Management Partnership Enterprise (L.P.) for CNY 76.6092 million on August 15, 2022. SEP Analytical (Shanghai) Co., Ltd will acquire 13.08%, 13.08% and 19.23% stakes from Yin Bingkui, Zou Yanping and Zhenjiang Wotu No. 1 Fund Partnership Enterprise (Limited Partnership) managed by Jiangsu Wotu Equity Investment Management Partnership Enterprise (L.P.) respectively. Payment will be made from raise of funds. The transaction is subject to approval of offer by SEP Analytical (Shanghai) Co., Ltd. board and shareholders. On August 15, 2022 SEP Analytical (Shanghai) Co., Ltd. board and shareholders approved the deal.
SEP Analytical (Shanghai) Co., Ltd. (SZSE:301228) completed the acquisition of 45.38% stakes in Shanghai Jierang Environmental Protection Technology Co., Ltd from Yin Bingkui, Zou Yanping and Zhenjiang Wotu No. 1 Fund Partnership Enterprise (Limited Partnership) managed by Jiangsu Wotu Equity Investment Management Partnership Enterprise (L.P.) on October 13, 2022.
SEP Analytical Shanghai Co Ltd is a China-based company mainly engaged in soil and groundwater testing. The Company's testing scope includes soil, water quality, gas, solid waste, agricultural food, dioxin and others. The Company is also engaged in food safety testing business. The Company operates mainly in the domestic market.
SEP ANALYTICAL (SHANGHAI) CO., LTD. 
