Wanmashi Sports Technology Co., Ltd. completed the acquisition of Tianjin Lopsking Construction Technology Co., Ltd. from ZYF Lopsking Aluminum Co., Ltd..
January 09, 2024
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Wanmashi Sports Technology (Tianjin) Co., Ltd. agreed to acquire Tianjin Lopsking Construction Technology Co., Ltd. from ZYF Lopsking Aluminum Co., Ltd. (SZSE:002333) for CNY 39.9 million on December 12, 2023. The consideration consists of CNY 39.88 million in cash. As part of the consideration, CNY 39.88 million was paid towards common equity. Tianjin Lopsking Construction reported total assets of CNY 34.9 million and net assets of CNY 34.9 million as on November 30, 2023. The transaction was approved by the Board of Directors of ZYF Lopsking Aluminum Co., Ltd.
Wanmashi Sports Technology (Tianjin) Co., Ltd. completed the acquisition of Tianjin Lopsking Construction Technology Co., Ltd. from ZYF Lopsking Aluminum Co., Ltd. (SZSE:002333) on January 10, 2024.
ZYF Lopsking Material Technology Co Ltd, formerly ZYF Lopsking Aluminum Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of aluminum alloy casting rods, aluminum building profiles, aluminum alloy doors and windows. The Company is also engaged in material sales, building intelligent construction and other related businesses around the smart city. The Company's smart city related businesses mainly include smart building, smart medical treatment, smart education, smart transportation, smart cultural tourism, smart elderly care and others.