Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 5.09% stake in Urovo Technology Co., Ltd. from Urovo Technology (Hong Kong) Holdings Limited.
March 20, 2023
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Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) agreed to acquire a 5.09% stake in Urovo Technology Co., Ltd. (SZSE:300531) from Urovo Technology (Hong Kong) Holdings Limited for approximately CNY 240 million on February 16, 2023. Under the terms, Zhuhai Gejin will acquire 16 million shares of Urovo Technology at a price of CNY 14.80 per share. Post acquisition, Urovo Technology (Hong Kong) will holf 34.82% stake and Zhuhai Gejin will hold 5.09% stake in Urovo Technology
Zhuhai Gejin No. 8 Equity Investment Fund Partnership (Limited Partnership) completed the acquisition of 5.09% stake in Urovo Technology Co., Ltd. (SZSE:300531) from Urovo Technology (Hong Kong) Holdings Limited March 21, 2023.
Urovo Technology Co Ltd is a China-based company primarily engaged in the provision of auto identification and data collection (AIDC) products and Internet of Things (IoT) solutions. The Company mainly operates two businesses. The AIDC terminal products business is engaged in the research and development, production and sales of personal digital assistant (PDA), smart point of sale (POS), special printers and smart automation equipment. The software and cloud service platform UROVO Enterprise Enabler (UEE) business is engaged in the development of operation system software, application software and cloud service platform, and the provision of software and hardware integrated overall solutions and services. The Company operates its business within the domestic and overseas market.