Shanghai Changyun Enterprise Management Partnership (Limited Partnership) completed the acquisition of 10.72% of stake in SMS Electric Co.,Ltd.Zhengzhou from Jin Shuangshou, Liu Junzhong, Guan Fuan and Yang Jianguo on December 28, 2022.
December 27, 2022
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Shanghai Changyun Enterprise Management Partnership (Limited Partnership) agreed to acquire 10.72% of stake in SMS Electric Co.,Ltd.Zhengzhou (SZSE:002857) from Jin Shuangshou, Liu Junzhong, Guan Fuan and Yang Jianguo for approximately CNY 240 million on July 31, 2022. After the completion of this equity change, Shanghai Changyun will hold 25,696,270 shares of the company, accounting for 20.08% of the total share capital.
Shanghai Changyun Enterprise Management Partnership (Limited Partnership) completed the acquisition of 10.72% of stake in SMS Electric Co.,Ltd.Zhengzhou (SZSE:002857) from Jin Shuangshou, Liu Junzhong, Guan Fuan and Yang Jianguo on December 28, 2022.
SMS Electric Zhengzhou Co Ltd is a China-based company principally engaged in the research and development, design, manufacture and sales of electricity metering instrument. The electric meter calibration business mainly involves in the manufacture and sales of standard test devices, automatic calibration pipeline systems, other calibration and test devices. The electric energy meter ancillary instrument business includes the research, development and manufacture of meter reading terminal, intelligent storage management instrument and current transformer. The other business includes the maintenance of instrument as well as the provision of related after sales services.
Shanghai Changyun Enterprise Management Partnership (Limited Partnership) completed the acquisition of 10.72% of stake in SMS Electric Co.,Ltd.Zhengzhou from Jin Shuangshou, Liu Junzhong, Guan Fuan and Yang Jianguo on December 28, 2022.
SMS ELECTRIC CO.,LTD.ZHENGZHOU 
