Dalian Zhiyun Automation Co., Ltd. acquired 5.55% stake in China Autovation Co., Ltd from Shenzhen Jiupai Genjin Zhiyun Intelligent Manufacturing Industry Investment Enterprise (LP), Shenzhen Huaqing Xinyuan Investment Center (Limited Partnership) and Shenzhen Horizon Hope No. 7 Investment Partnership Enterprise (Limited Partnership) for CNY 21.63 million.
July 30, 2020
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Dalian Zhiyun Automation Co., Ltd. (SZSE:300097) signed an equity transfer agreement to acquire 5.55% stake in China Autovation Co., Ltd from Shenzhen Jiupai Genjin Zhiyun Intelligent Manufacturing Industry Investment Enterprise (LP), Shenzhen Huaqing Xinyuan Investment Center (Limited Partnership) and Shenzhen Horizon Hope No. 7 Investment Partnership Enterprise (Limited Partnership) for CNY 21.63 million on March 31, 2020. In a related transaction, Dalian Zhiyun Automation Co., Ltd. (SZSE:300097) signed an equity transfer agreement to acquire 75.78% stake in China Autovation Co., Ltd from Anji Kaisheng Enterprise Management Consulting Partnership (Limited Partnership), Anji Meiqian Investment Partnership (Limited Partnership) and Anji Zhongqian Enterprise Management Consulting Partnership (Limited Partnership)for approximately CNY 300 million.The shareholders approved the use of raised funds for the acquisition. As a result of the transaction, Dalian Zhiyun holds 81.32% stake in China Autovation and Shenzhen Jiupai holds 11.12% stake in China Autovation.
Dalian Zhiyun Automation Co., Ltd. (SZSE:300097) completed the acquisition of 5.55% stake in China Autovation Co., Ltd from Shenzhen Jiupai Genjin Zhiyun Intelligent Manufacturing Industry Investment Enterprise (LP), Shenzhen Huaqing Xinyuan Investment Center (Limited Partnership) and Shenzhen Horizon Hope No. 7 Investment Partnership Enterprise (Limited Partnership) on June 29, 2020.
Dalian Zhiyun Automation Co.,Ltd. is a China-based company principally engaged in the research and development, design, manufacture, system integration and distribution of automatic equipment sets. The Company operates through three segments. Automobile Intelligent Equipment segment consists of automatic testing devices, automatic assembling equipment, cleaning and filtering devices, logistics handling equipment and cutting, grinding and processing devices, among others. New Energy Manufacturing Equipment segment consists of lithium battery automatic assembly and testing equipment. Computer, Communication and Consumer Electronics (3C) Intelligent Manufacturing Equipment segment mainly provides flat panel display modules. The Company distributes its products mainly in South China, East China and North China.
DALIAN ZHIYUN AUTOMATION CO., LTD. 
