Sumavision Technologies Co., Ltd. acquired the remaining 25% stake in Fuzhou Jump Smart Cards Co., Ltd. from Sumavision International Group Co., Ltd. for CNY 17 million.
June 17, 2015 at 12:00 am EDT
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Sumavision Technologies Co., Ltd. (SZSE:300079) acquired the remaining 25% stake in Fuzhou Jump Smart Cards Co., Ltd. from Sumavision International Group Co., Ltd. for CNY 17 million on June 12, 2015. After this transaction, Sumavision Technologies Co., Ltd holds 100% of Fuzhou Jump Smart Cards Co., Ltd. Fuzhou Jump Smart Cards Co., Ltd. reported total assets of CNY 107.26 million, total liabilities of CNY 45.42 million, net assets of CNY 61.84 million, revenues of CNY 30.26 million and net loss of CNY 16.21 million in 2014.
Sumavision Technologies Co., Ltd. (SZSE:300079) completed the acquisition of remaining 25% stake in Fuzhou Jump Smart Cards Co., Ltd. from Sumavision International Group Co., Ltd. for CNY 17 million on June 12, 2015.
Sumavision Technologies Co.,Ltd. is a China-based company principally engaged in the research, development, production, distribution and provision of services of digital broadcasting and television software and hardware. The Companyâs main products and services include cloud and big data services, digital television systems and services, new media technology services and applications, intelligent gateway and terminals, financial and Internet financial technology services and applications, as well as television operation system (TVOS) and security products, among others. The Company distributes its products in domestic market and to overseas markets.
Sumavision Technologies Co., Ltd. acquired the remaining 25% stake in Fuzhou Jump Smart Cards Co., Ltd. from Sumavision International Group Co., Ltd. for CNY 17 million.
SUMAVISION TECHNOLOGIES CO.,LTD. 
