Zhihui Technology Investment Co., Ltd. completed the acquisition of additional 13.52% stake in AVCON Information Technology Co., Ltd. from Liu Yan, Liu Xiaodan and Liu Hailan.
January 16, 2018
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Zhihui Technology Investment (Shenzhen) Co., Ltd. signed the share transfer agreement to acquire additional 13.52% stake in AVCON Information Technology Co., Ltd. (SZSE:300074) from Liu Yan, Liu Xiaodan and Liu Hailan on December 15, 2017. Under the terms of the transaction, Zhihui Technology Investment (Shenzhen) Co., Ltd. will acquire approximately 73.4 million shares of AVCON Information Technology Co., Ltd. Post-acquisition, Zhihui Technology Investment (Shenzhen) Co., Ltd. will hold 14.13% stake, Liu Yan will hold 0.82% stake, Liu Xiaolu will hold 3.94% stake, Liu Xiaodan and Liu Hailan will cease to hold any stake in AVCON Information Technology Co., Ltd.
Zhihui Technology Investment (Shenzhen) Co., Ltd. completed the acquisition of additional 13.52% stake in AVCON Information Technology Co., Ltd. (SZSE:300074) from Liu Yan, Liu Xiaodan and Liu Hailan on January 17, 2018.
AVCON Information Technology Co.,Ltd. is a China-based company principally engaged in the research, development, design, distribution and technical service provision of audio and video communication products and image intelligent integration applications. The Company primarily provides intelligent multimedia communication solutions, including video conference system, emergency command system, intelligent city, online education, intelligent healthcare, video bank and video monitoring control system, among others. The Company is also involved in the development of related technology and the provision of after-sale services. The Company operates its business in domestic market.
Zhihui Technology Investment Co., Ltd. completed the acquisition of additional 13.52% stake in AVCON Information Technology Co., Ltd. from Liu Yan, Liu Xiaodan and Liu Hailan.
AVCON INFORMATION TECHNOLOGY CO., LTD. 
