Zhuhai Chonglan Enterprise Management Partnership Ltd. signed a share transfer agreement to acquire a 5.01% stake in Ogawa Smart Healthcare Technology Group Co., Ltd. from Li Wuling for approximately CNY 410 million.
August 26, 2020
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Zhuhai Chonglan Enterprise Management Partnership Ltd. signed a share transfer agreement to acquire a 5.01% stake in Ogawa Smart Healthcare Technology Group Co., Ltd. (SZSE:002614) from Li Wuling for approximately CNY 410 million on August 27, 2020. Under the terms of agreement, Zhuhai Chonglan will acquire 28.1 million shares at CNY 14.517 per share of Ogawa Smart Healthcare. Post completion, Zhuhai Chonglan Enterprise Management Partnership Ltd will hold 5.01% stake in Ogawa Smart Healthcare. The transfer still needs to apply to the Shenzhen Stock Exchange for the review of the agreement transfer and the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. to apply for the transfer of shares. Both parties shall go through the relevant share transfer and change procedures at the Shenzhen Stock Exchange and the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. within 25 working days from the date of signing this agreement.
Xiamen Comfort Science & Technology Group Co., Ltd. is a China-based company, principally engaged in the research and development, manufacture and distribution of intelligent health products. The Company mainly provides health massage, health environment, home medical and other products. The Company's products include health, health care products, massage small appliances and massage room appliances. The Company distributes its products within domestic market and to overseas markets.
Zhuhai Chonglan Enterprise Management Partnership Ltd. signed a share transfer agreement to acquire a 5.01% stake in Ogawa Smart Healthcare Technology Group Co., Ltd. from Li Wuling for approximately CNY 410 million.
XIAMEN COMFORT SCIENCE&TECHNOLOGY GROUP CO., LTD 
