Yang Minghuan completed the acquisition of 5.82% stake in Shenzhen Fenda Technology Co., Ltd. from Xiao Fen, Xiao Yong and Xiao Xiao.
March 25, 2024
Share
Yang Minghuan signed share transfer agreement to acquire 5.82% stake in Shenzhen Fenda Technology Co., Ltd. (SZSE:002681) from Xiao Fen, Xiao Yong and Xiao Xiao for approximately CNY 440 million on February 29, 2024. The unit price for the transfer of target shares is at CNY 4.15 per share. The total transfer price for the target shares is CNY 435,750,000, out of which CNY 193,725,000, will be paid by Yang Minghuan within 12 months after Shenzhen Fenda Technology shares have been transferred.
Yang Minghuan completed the acquisition of 5.82% stake in Shenzhen Fenda Technology Co., Ltd. (SZSE:002681) from Xiao Fen, Xiao Yong and Xiao Xiao on March 26, 2024.
Shenzhen Fenda Technology Co.,Ltd is a China-based company principally engaged in the research, development, design, manufacture and distribution of electronic products and related core components. The Company's main products include electro-acoustic products, health appliances, smart wearable equipment and metal exterior parts of mobile smart terminals, among others. The Company distributes its products in domestic market and to overseas markets, including the Americas, Europe, Asia and others.