Shanghai Dayuan Investment Center (Limited Partnership) completed the acquisition of 5.24% stake in Wuhan Golden Laser Co., Ltd from Liang Wei.
June 16, 2020
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Ganzhou Yuhong Investment Management Partnership Enterprise (Limited Partnership) signed shares transfer agreement to acquire 5.24% stake in Wuhan Golden Laser Co., Ltd (SZSE:300220) from Liang Wei for approximately CNY 180 million on June 14, 2019. As per the terms, consideration will be payable in cash and Ganzhou Yuhong will acquire 6.6 million share at CNY 27.61 per share. Post acquisition, Liang Wei will hold 56 million shares representing 44.4% stake in Wuhan Golden.
Shanghai Dayuan Investment Center (Limited Partnership) completed the acquisition of 5.24% stake in Wuhan Golden Laser Co., Ltd (SZSE:300220) from Liang Wei on June 17, 2020.
Wuhan Golden Laser Co., Ltd. is a China-based company principally engaged in the provision of small and medium-power laser processing solutions. The Company's products include metal materials digital laser processing equipment, flexible non-metallic materials, digital laser processing equipment and three-dimensional digital technology commercial application solutions. The Company's products can be used in various industries, such as clothing, textiles, shoes, bags, industrial textiles, upholstery, advertising crafts, metal precision processing and many other industries. The Company distributes its products in domestic market and to overseas markets.