WenYi Trinity Technology Co., Ltd signed transfer agreement to acquire 18.33% stakes in Tongling Sanjia Yamada Technology Co., Ltd. from Ruiyong Haisu Investment Partnership LP for CNY 25.46 million.
August 08, 2022
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WenYi Trinity Technology Co., Ltd (SHSE:600520) signed transfer agreement to acquire 18.33% stakes in Tongling Sanjia Yamada Technology Co., Ltd. from Ruiyong Haisu (Ningbo) Investment Partnership LP for CNY 25.46 million on August 8, 2022. The deal financed by company's own funds or self-raised funds. For the period ended on June 30, 2022 Tongling Sanjia Yamada Technology Co., Ltd reported total asstes of CNY 209.662085 million and owner's equity of CNY 144.466 million. The board of WenYi Trinity Technology Co., Ltd. has reviewed and approved the transaction.
Wenyi Suntech Co., Ltd., formerly TongLing Zonfa Trinity Technology Co., Ltd, is a China-based company primarily engaged in the manufacture and sale of moulds and equipment. The Company's products portfolio consists of extruding moulds of plastic customized-shape components, moulds for electronic sealing, stampings, plastic-sealing machines, precision bearing parts, light emitting diode (LED) brackets, and precision components, among others, which are mainly applicable in the mould and LED areas. It distributes its products within domestic market and to overseas markets.
WenYi Trinity Technology Co., Ltd signed transfer agreement to acquire 18.33% stakes in Tongling Sanjia Yamada Technology Co., Ltd. from Ruiyong Haisu Investment Partnership LP for CNY 25.46 million.
WENYI TRINITY TECHNOLOGY CO., LTD 
