Qingdao Economic and Technological Development Zone Park Operation Management Group Co., Ltd. completed the acquisition of 10% stake in Qingdao Jingkong Zhiliangu Technology Co., Ltd. from Shenzhen Genvict Technologies Co., Ltd. for CNY1.8 million.
June 31, 2023
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Qingdao Economic and Technological Development Zone Park Operation Management Group Co., Ltd. agreed to acquire 10% stake in Qingdao Jingkong Zhiliangu Technology Co., Ltd. from Shenzhen Genvict Technologies Co., Ltd. (SZSE:002869) for CNY1.8 million on April 6, 2023. The transaction is subject to Shenzhen Genvict Technologies Co., Ltd. (SZSE:002869) shareholders and board approval. As of April 6, 2023 Shenzhen Genvict Technologies Co., Ltd. (SZSE:002869) directors approved the deal. As of April 25, 2023 Shenzhen Genvict Technologies Co., Ltd. (SZSE:002869) shareholders approved the deal.
Qingdao Economic and Technological Development Zone Park Operation Management Group Co., Ltd. completed the acquisition of 10% stake in Qingdao Jingkong Zhiliangu Technology Co., Ltd. from Shenzhen Genvict Technologies Co., Ltd. (SZSE:002869) for CNY1.8 million on April 25, 2023.
Shenzhen Genvict Technologies Co., Ltd. is a China-based company principally engaged in the provision of core equipment and solutions for intelligent transportation and Internet of things (IOT). The Company's main products include highway electronic toll collection (ETC) products, path identification products, multi-lane free flow ETC products, vehicle infrastructure cooperative systems, smart parking products and radio frequency identification (RFID)-based IoT identification products. The Companyâs products are mainly applied to intelligent transportation and travel areas such as highways, urban transportation and vehicle management. The Company operates its businesses within the domestic market and to overseas markets.
Qingdao Economic and Technological Development Zone Park Operation Management Group Co., Ltd. completed the acquisition of 10% stake in Qingdao Jingkong Zhiliangu Technology Co., Ltd. from Shenzhen Genvict Technologies Co., Ltd. for CNY1.8 million.
SHENZHEN GENVICT TECHNOLOGIES CO., LTD. 
