Feitian Technologies Co., Ltd. agreed to acquire additional 45.33% stake in Beijing Feitian Data Technology Co., Ltd from Beijing Taichen Investment Management Co., Ltd and Dorje Wealth Investment Management Co., Ltd. for CNY 14.2 million.
April 15, 2021
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Feitian Technologies Co., Ltd. (SZSE:300386) agreed to acquire additional 45.33% stake in Beijing Feitian Data Technology Co., Ltd from Beijing Taichen Investment Management Co., Ltd and Dorje Wealth Investment Management (Beijing) Co., Ltd. for CNY 14.2 million on April 14, 2021. As of December 31, 2021, Beijing Feitian had total assets of CNY 29.9 million and net assets of CNY 29.8 million. In 2020, Beijing Feitian generated net loss of CNY 2 million.
Feitian Technologies Co., Ltd. is a China-based company principally engaged in the research, development and sales of information security products. The Company's main products include ePass universal serial bus (USB) keys, one time password (OTP) dynamic tokens, ROCKEY software protection encryption locks and integrated circuit (IC) cards, among others. Its products are mainly applied in finance, government, postal, telecommunications, transportation, Internet and other fields. The Company operates businesses in both domestic and overseas markets, with domestic market as its main market.
FEITIAN TECHNOLOGIES CO., LTD. 
