Yinghe Holding Co., Ltd. signed the share transfer agreement to acquire Shenzhen Yinghe Venture Capital Co., Ltd. from Shenzhen Yinghe Technology Co., Ltd for CNY 20 million.
January 19, 2018
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Yinghe Holding Co., Ltd. signed the share transfer agreement to acquire Shenzhen Yinghe Venture Capital Co., Ltd. from Shenzhen Yinghe Technology Co., Ltd (SZSE:300457) for CNY 20 million on January 19, 2018. For the year ended December 31, 2017, Shenzhen Yinghe Venture Capital Co., Ltd. reported nil revenues, total assets of CNY 18.09 million, operating loss of CNY 2.05 million, net loss of CNY 2.05 million and net assets of CNY 17.93 million. The transaction does not need approval from shareholders. Board of Shenzhen Yinghe Technology Co., Ltd. approved the transaction on January 19, 2018.
SHENZHEN YINGHE TECHNOLOGY CO.,LTD. is mainly engaged in the manufacture of lithium electric equipment. The Company's main business is the research and development, design, manufacture, sale of automated production equipment for lithium-ion battery, and the provision of related services. The Company's main products include six equipment series such as coating machines, slitting machines, tableting machines, winding machines, die cutting machines and lamination machines as well as related assisted machines. The products are primarily used in the manufacture of lithium-ion batteries and are sold to China domestic and overseas markets.
Yinghe Holding Co., Ltd. signed the share transfer agreement to acquire Shenzhen Yinghe Venture Capital Co., Ltd. from Shenzhen Yinghe Technology Co., Ltd for CNY 20 million.
SHENZHEN YINGHE TECHNOLOGY CO., LTD 
