Xinyu Chaoyi Investment Management Center (Limited Partnership), Xinyu Tengyi Investment Management Center (Limited Partnership), Xinyu Yixin Investment Management Center (Limited Partnership) and Xinyu Lianyi Investment Management Center (Limited Partnership) cancelled the acquisition of 12.9% stake in Dongguang Shengyi Electronics Limited from Shengyi Technology Co.,Ltd..
May 18, 2017
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Xinyu Chaoyi Investment Management Center (Limited Partnership), Xinyu Tengyi Investment Management Center (Limited Partnership), Xinyu Yixin Investment Management Center (Limited Partnership) and Xinyu Lianyi Investment Management Center (Limited Partnership) agreed to acquire 12.9% stake in Dongguang Shengyi Electronics Limited from Shengyi Technology Co.,Ltd. (SHSE:600183) for approximately 130 million on May 19, 2016. On May 20, 2016, the share transfer agreement was signed. As of December 31, 2015, Dongguang Shengyi Electronics had total assets of CNY 1.97 billion, net assets of CNY 1.11 billion, revenue of CNY 1.42 million and net profit of CNY 35.37 million. The transaction has been approved by the 8th Directorate of Shengyi Technology held on May 19, 2016, and does not need the shareholders' approval.
Xinyu Chaoyi Investment Management Center (Limited Partnership), Xinyu Tengyi Investment Management Center (Limited Partnership), Xinyu Yixin Investment Management Center (Limited Partnership) and Xinyu Lianyi Investment Management Center (Limited Partnership) cancelled the acquisition of 12.9% stake in Dongguang Shengyi Electronics Limited from Shengyi Technology Co.,Ltd. (SHSE:600183) on May 19, 2017.
Shengyi Electronics Co Ltd is a China-based company principally engaged in the research and development, production and sales of printed circuit boards. The Company's main products are communication equipment boards, network equipment boards, computer/server boards, consumer electronics boards, industrial medical boards and other boards. The Company's products are mainly used in communications, networks, computers/servers, consumer electronics, industrial control, automotive, aerospace and medical fields. The Company distributes its products both in the domestic market and to overseas markets.
Xinyu Chaoyi Investment Management Center (Limited Partnership), Xinyu Tengyi Investment Management Center (Limited Partnership), Xinyu Yixin Investment Management Center (Limited Partnership) and Xinyu Lianyi Investment Management Center (Limited Partnership) cancelled the acquisition of 12.9% stake in Dongguang Shengyi Electronics Limited from Shengyi Technology Co.,Ltd..
SHENGYI ELECTRONICS CO., LTD. 