Wondershare Technology Group Co., Ltd. acquired 72.44% stake in Hangzhou Gexiang Technology Co., Ltd. from Mingrui Commercial Management Partnership (Limited Partnership), Nanning Guxiang Information Technology Partnership (Limited Partnership) and Shanghai Gexiang Enterprise Management Partnership (Limited Partnership) for CNY 213.7 million.
June 07, 2021
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Wondershare Technology Group Co., Ltd. (SZSE:300624) agreed to acquire 72.44% stake in Hangzhou Gexiang Technology Co., Ltd. from Mingrui (Lishui) Commercial Management Partnership (Limited Partnership), Nanning Guxiang Information Technology Partnership (Limited Partnership) and Shanghai Gexiang Enterprise Management Partnership (Limited Partnership) for CNY 213.7 million on June 4, 2021. Wondershare Technology Group has paid the first transaction price of CNY 72.7 million to the counterparty in accordance with the equity acquisition agreement. The rest of the transaction price will be paid in accordance with the equity transfer agreement signed on June 7, 2021. The transaction is being approved by board of directors of Wondershare Technology Group in the meeting on June 4, 2021.
Wondershare Technology Group Co., Ltd. (SZSE:300624) completed the acquisition of 72.44% stake in Hangzhou Gexiang Technology Co., Ltd. from Mingrui (Lishui) Commercial Management Partnership (Limited Partnership), Nanning Guxiang Information Technology Partnership (Limited Partnership) and Shanghai Gexiang Enterprise Management Partnership (Limited Partnership) on June 8, 2021.
Wondershare Technology Group Co.,Ltd, formerly Wondershare Technology Co., Ltd. is a China-based company which is mainly engaged in research and development, sales of consumer software and provide the appropriate technical support services. The Companyâs consumer software products mainly refer to software products related to life, entertainment, work which designed around individual and home consumer applications. The Companyâs software products mainly involve three major categories: multimedia classes, cross-port data management classes, digital documents Class, such as media editing software, media management software, data recovery software, data erasing software, document editing software, document conversion software. The Companyâs products can be applied to personal computers, tablet PCs, smart phones and other application terminals.
WONDERSHARE TECHNOLOGY GROUP CO., LTD. 
