Central china land media CO.,LTD agreed to acquire Henan Education Electronic & Audiovisual Press Co., Ltd. from Central China Publishing & Media Investment Holding Group Co., Ltd. for CNY 62.11 millio.
April 29, 2020
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Central china land media CO.,LTD (SZSE:000719) agreed to acquire Henan Education Electronic & Audiovisual Press Co., Ltd. from Central China Publishing & Media Investment Holding Group Co., Ltd. for CNY 62.11 million in cash on April 29, 2020. On April 29, 2020, The transaction was approved by board of Central china land media CO.,LTD. As of December 2019, Henan Education Electronic & Audiovisual Press Co., Ltd. recorded a total assets of CNY 115.9 million, Ttotal revenu of CNY 117.17 million, Net profit of CNY 4.46 million with a common equity of CNY 58.22 million.
Central china land media CO.,LTD is a China-based company principally engaged in publishing and distribution business, material sale business and printing business. The Companyâs products mainly consist of general books, textbooks and supplementary learning materials, newspapers, journals, audiovisual products and digital publications, among others. The Company is also involved in the manufacture and distribution of printing equipment, paper, pulp, packaging equipment and related products. The Company operates its business in domestic and overseas markets.
Central china land media CO.,LTD agreed to acquire Henan Education Electronic & Audiovisual Press Co., Ltd. from Central China Publishing & Media Investment Holding Group Co., Ltd. for CNY 62.11 millio.
CENTRAL CHINA LAND MEDIA CO.,LTD 
