Hubei Geoway Investment Co.,Ltd. completed the acquisition of 90% stake in Bozhou Zongxiang Information Technology Co., Ltd. from Zhang Dongqi.
December 27, 2020
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Hubei Geoway Investment Co.,Ltd. (SHSE:600462) signed an agreement to acquire 90% stake in Bozhou Zongxiang Information Technology Co., Ltd. from Zhang Dongqi on December 28, 2020. After the completion, Zhang Dongqi will hold 10% stake in Bozhou Zongxiang Information Technology. The shareholders of Bozhou Zongxiang Information Technology has approved the deal.
Hubei Geoway Investment Co.,Ltd. (SHSE:600462) completed the acquisition of 90% stake in Bozhou Zongxiang Information Technology Co., Ltd. from Zhang Dongqi on December 28, 2020.
Hubei Geoway Investment Co Ltd, formerly Shenzhen Geoway Co Ltd, is a China-based company mainly engaged in investment. Through its wholly-owned subsidiary, the Company is mainly engaged in the procurement and sales of raw materials related to mobile phones; the Company engages in after-sales service of camera modules through its holding subsidiary; the Company through its wholly-owned grandson company is engaged in marketing services and public relations, providing professional marketing activities and communications for various industries, and providing consulting services to customers with planning and execution capabilities. The Company distributes its products and services within the domestic market.