Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) cancelled the acquisition of 35.01% stake in EVERFINE Corporation from a group of shareholders.
June 04, 2018
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Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) signed an agreement to acquire 35.01% stake in EVERFINE Corporation (SZSE:300306) from a group of shareholders for CNY 70.3 million on June 5, 2017. As per terms, 8.1 million shares will be acquired. Chinalin Securities Co., Ltd. acted as financial advisor and AllBright Law Offices acted as legal advisor for Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership). Zhejiang L&H Law Firm acted as legal advisor for EVERFINE Corporation.
Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) cancelled the acquisition of 35.01% stake in EVERFINE Corporation (SZSE:300306) from a group of shareholders on June 5, 2018.
HangZhou Everfine Photo-e-info Co., Ltd. is a China-based company principally engaged in the light-emitting diode (LED) industry chain business. The Company's main products are intelligent monitoring information systems, including LED light automatic test production lines, chip on board (COB) light automatic fast test systems, accelerated aging and automatic test systems of driving power, LED module automatic test systems, vehicle light online dimming test systems, light source high-precision automatic test systems and light color image online automatic test systems. The Company distributes its products in domestic market and to overseas market.
Hangzhou Yuanfang Huiyi Investment Partnership Enterprise (limited partnership) cancelled the acquisition of 35.01% stake in EVERFINE Corporation from a group of shareholders.