Huajin Securities Huirong No. 321 Single Asset Management Plan completed the acquisition of 7.02% stake in Zhejiang East Crystal Electronic Co.,Ltd. from Qianshi Capital – Tianze No. 9 Asset Management Plan, Qianshi Capital – Tianze No. 10 Asset Management Plan and Qianshi Capital – Tianze No. 11 Asset Management Plan managed by Beijing Chance Capital Management Co., Ltd.
September 07, 2021
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Huajin Securities Huirong No. 321 Single Asset Management Plan agreed to acquire 7.02% stake in Zhejiang East Crystal Electronic Co.,Ltd. (SZSE:002199) from Qianshi Capital – Tianze No. 9 Asset Management Plan, Qianshi Capital – Tianze No. 10 Asset Management Plan and Qianshi Capital – Tianze No. 11 Asset Management Plan managed by Beijing Chance Capital Management Co., Ltd. for approximately CNY 140 million on July 19, 2021. Within 2 working days after receiving the confirmation opinion of the application for the transfer of the target shares issued by the Shenzhen Stock Exchange, Huajin Securities must deposit CNY 4.6 million to each of the three accounts designated by Beijing Chance Capital Management Co., Ltd. within 2 working days after the transfer of the target shares is completed, Huajin Securities will Deposit CNY 41.45 million to each of the three accounts designated by Beijing Chance Capital Management Co., Ltd. Chance Capital – Tianze No. 9 Asset Management Plan will transfer 5.7 million shares, Chance Capital – Tianze No. 10 Asset Management Plan will transfer 5.7 million shares, Chance Capital – Tianze No. 11 Asset Management Plan will transfer 5.7 million shares.
Huajin Securities Huirong No. 321 Single Asset Management Plan completed the acquisition of 7.02% stake in Zhejiang East Crystal Electronic Co.,Ltd. (SZSE:002199) from Qianshi Capital – Tianze No. 9 Asset Management Plan, Qianshi Capital – Tianze No. 10 Asset Management Plan and Qianshi Capital – Tianze No. 11 Asset Management Plan managed by Beijing Chance Capital Management Co., Ltd. on September 8, 2021.
ZHEJIANG EAST CRYSTAL ELECTRONIC CO., LTD. is a China-based company principally engaged in the research, development, design, manufacture and distribution of electronic components. The Company primarily provides surface mount device (SMD) quartz crystal resonators, oscillators, ceramic tubular capacitors and light emitting diodes (LEDs), among others. The Company's products are mainly used in communications, information, automotive electronics, mobile Internet, intelligent control, home appliances, security intelligence and aerospace, military products and other fields. The Company distributes its products in domestic and overseas markets.
Huajin Securities Huirong No. 321 Single Asset Management Plan completed the acquisition of 7.02% stake in Zhejiang East Crystal Electronic Co.,Ltd. from Qianshi Capital – Tianze No. 9 Asset Management Plan, Qianshi Capital – Tianze No. 10 Asset Management Plan and Qianshi Capital – Tianze No. 11 Asset Management Plan managed by Beijing Chance Capital Management Co., Ltd.
ZHEJIANG EAST CRYSTAL ELECTRONIC CO.,LTD. 
