Wang Weixiu signed a share transfer agreement to acquire 5% stake in Zhongji Innolight Co., Ltd. from Shandong ZhongJi Investment Holding Co., Ltd. for CNY 1.01 billion.
September 02, 2021
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Wang Weixiu signed a share transfer agreement to acquire 5% stake in Zhongji Innolight Co., Ltd. (SZSE:300308) from Shandong ZhongJi Investment Holding Co., Ltd. for CNY 1.01 billion on September 3, 2021. Zhongji Holding will transfer 35.65 million shares at a price of CNY 28.56 per share in Zhongji Innolight Co., Ltd. Post completion, Wang Weixiu will own 9% stake in Zhongji Innolight Co., Ltd.
ZHONGJI INNOLIGHT CO., LTD. is a China-based company mainly engaged in high-end optical communication transceiver module business and intelligent equipment manufacturing business. The Company is committed to the research, development, manufacturing and sales of high-end optical communication transceiver modules. The products mainly serve the fields of cloud computing data centers, data communications, 5G wireless networks and telecommunications transmission networks. The intelligent equipment manufacturing business includes the research and development, manufacturing, sales and after-sales service of motor stator winding manufacturing equipment. The products are mainly used in automotive motors, industrial motors, household appliances motors and other fields. The Company operates its businesses in both domestic and overseas markets.
Wang Weixiu signed a share transfer agreement to acquire 5% stake in Zhongji Innolight Co., Ltd. from Shandong ZhongJi Investment Holding Co., Ltd. for CNY 1.01 billion.
ZHONGJI INNOLIGHT CO., LTD. 
