Jinan Energy Environmental Protection Technology Co., Ltd. completed the acquisition of a 11.4% stake in Synthesis Electronic Technology Co.,Ltd. from Shandong Synthesis Technology Investment Co., Ltd.
July 06, 2022
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Jinan Energy Environmental Protection Technology Co., Ltd. signed share transfer agreement to acquire a 11.4% stake in Synthesis Electronic Technology Co.,Ltd. (SZSE:300479) from Shandong Synthesis Technology Investment Co., Ltd. for approximately CNY 370 million on April 22, 2022. As per the transaction, Jinan Energy Environmental Protection Technology Co., Ltd. will acquire 22,455,912 shares of Synthesis Electronic Technology Co.,Ltd. at CNY 16.64 per share.
Jinan Energy Environmental Protection Technology Co., Ltd. completed the acquisition of a 11.4% stake in Synthesis Electronic Technology Co.,Ltd. (SZSE:300479) from Shandong Synthesis Technology Investment Co., Ltd. on July 7, 2022.
Synthesis Electronic Technology Co., Ltd., formerly Shandong Synthesis Electronic Technology Co., Ltd, is a China-based company engaged in development, manufacture and sales of smart identification terminals and industry application software. The Companyâs products include terminal products and system products. The terminal products include cards authentication terminals and industry solutions, compound authentication terminals for cards and biological features and industry solutions, multi-function terminals for identification and electric payment and industry solutions. The cards include identity cards, social insurance cards, bank cards, health certificates, residence permits, citizen metro cards. The biological features include finger print, facial form, iris, digital veins and others. The Companyâs system products comprise terminal equipment and industry application software in four industries of finance, public safety, communication and social insurance (life insurance).
Jinan Energy Environmental Protection Technology Co., Ltd. completed the acquisition of a 11.4% stake in Synthesis Electronic Technology Co.,Ltd. from Shandong Synthesis Technology Investment Co., Ltd.
SYNTHESIS ELECTRONIC TECHNOLOGY CO.,LTD. 
