GHT Co.,Ltd cancelled the acquisition of 20% stake in Guangdong Jitong Information Development Co., Ltd. from Guangdong Zijin Investment Partnership Enterprise (L.P.) and Guangzhou Chuitian Investment Holding Partnership Enterprise (L.P.).
April 29, 2024
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GHT Co.,Ltd (SZSE:300711) signed Letter of Intent to acquire 20% stake in Guangdong Jitong Information Development Co., Ltd. from Guangdong Zijin Investment Partnership Enterprise (L.P.) and Guangzhou Chuitian Investment Holding Partnership Enterprise (L.P.) for CNY 19.6 million on June 8, 2023. As of October 20, 2023 GHT Co.,Ltd (SZSE:300711) signed Equity Acquisition Agreement to acquire 20% stake in Guangdong Jitong Information Development. Guangdong Jitong Information Development reported Total assets worth CNY 238.6 million and Total common equity of CNY 59.7 million on June 30, 2023. Transaction has already been approved by GHT Co.,Ltd board of director's and is still subject to GHT Co.,Ltd 's shareholder approval.
GHT Co.,Ltd (SZSE:300711) cancelled the acquisition of 20% stake in Guangdong Jitong Information Development Co., Ltd. from Guangdong Zijin Investment Partnership Enterprise (L.P.) and Guangzhou Chuitian Investment Holding Partnership Enterprise (L.P.) on April 30, 2024.
GHT Co Ltd is a company engaged in research and development, production and sales of digital and multimedia command and dispatch systems and related product, and provision of related services. The Company provides digital and multimedia dispatch communication equipment to the clients in defense and power industries to help them achieve the rapid delivery of command and dispatch commands and information. Its products include information exchange platforms, serial dispatchers, Internet protocol (IP) phones, interface devices and information management systems.
GHT Co.,Ltd cancelled the acquisition of 20% stake in Guangdong Jitong Information Development Co., Ltd. from Guangdong Zijin Investment Partnership Enterprise (L.P.) and Guangzhou Chuitian Investment Holding Partnership Enterprise (L.P.).