Zhuzhou Haisibi Technology Co., Ltd. completed the acquisition of 70% stake in Hunan Fine High Intelligent Equipment Co., Ltd from Guangxi Bossco Environmental Protection Technology Co.,Ltd..
October 27, 2021
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Zhuzhou Haisibi Technology Co., Ltd. signed a contract to acquire 70% stake in Hunan Fine High Intelligent Equipment Co., Ltd from Guangxi Bossco Environmental Protection Technology Co.,Ltd. (SZSE:300422) for CNY 21.4 million on September 23, 2021. As per terms, the deposit of CNY 4.28 million paid by the buyer will automatically be converted to the transaction price. Zhuzhou Haisibi Technology Co., Ltd. will pay 50% of the transaction price (including deposit) (CNY 10.71 million) to Beibu Gulf Equity Exchange Group?s designated account within 5 working days from contract effective date and remaining 50% within 45 working days. Zhuzhou Haisibi Technology Co., Ltd. was confirmed as a buyer on September 3, 2021. On September 7, 2021, Haisibi Technology and Beibu Gulf Equity Exchange Group signed the e-bidding transaction confirmation. As of March 31, 2021, total asset and net asset of Hunan Fine High Intelligent Equipment Co., Ltd was CNY 37.61 million and CNY 21.218 million respectively.
Zhuzhou Haisibi Technology Co., Ltd. completed the acquisition of 70% stake in Hunan Fine High Intelligent Equipment Co., Ltd from Guangxi Bossco Environmental Protection Technology Co.,Ltd. (SZSE:300422) on October 28, 2021.
Anhui Bossco Environmental Protection Technology Co Ltd, formerly Guangxi Bossco Environmental Protection Technology Co Ltd, is a China-based company mainly engaged in providing comprehensive solutions for comprehensive environmental management in multiple fields. The Company's business includes comprehensive environmental management business; environmental protection equipment manufacturing and sales business; water plant, sewage treatment plant, environmental sanitation integration, sludge and contaminated soil disposal terminal operation business, and comprehensive environmental consulting services. The Company's services cover the entire environmental protection industry chain including consulting, design, environmental assessment, testing, research and development, equipment manufacturing, engineering construction, investment and operations.
Zhuzhou Haisibi Technology Co., Ltd. completed the acquisition of 70% stake in Hunan Fine High Intelligent Equipment Co., Ltd from Guangxi Bossco Environmental Protection Technology Co.,Ltd..