Cai Weimin completed the acquisition of additional 7.957082% stake in Jade Bird Fire Co., Ltd. from Beijing Beida Jade Bird Universal Sci-Tech Company Limited
May 04, 2023
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Cai Weimin entered into the share transfer agreement to acquire additional 7.957082% stake in Jade Bird Fire Co., Ltd. (SZSE:002960) from Beijing Beida Jade Bird Universal Sci-Tech Company Limited (SEHK:8095) for CNY 1.1 billion on November 21, 2022. As per the transaction, Cai Weimin will acquire 44.9 million shares at CNY 24.54 per share. Post acquisition, Cai Weimin will have 17.81% stake and Beijing Beida Jade Bird Universal will have 23.92% stake in Jade Bird Fire Co., Ltd.
Cai Weimin completed the acquisition of additional 7.957082% stake in Jade Bird Fire Co., Ltd. (SZSE:002960) from Beijing Beida Jade Bird Universal Sci-Tech Company Limited (SEHK:8095) on May 5, 2023. Jade Bird received the "Securities Transfer Registration Confirmation Letter" issued by China Securities Depository and Clearing Co., Ltd stating that the transfer of shares under this agreement has been completed. Transfer registration procedures, the transfer date is May 5, 2023
Jade Bird Fire Co., Ltd., formerly Beida Jade Bird Universal Fire Alarm Device Co., Ltd., is a China-based company principally engaged in the research, development, production and sales of fire safety system products. The Company's products mainly include four types of fire safety system products, such as fire automatic alarm and linkage control system, electrical fire monitoring system, automatic gas fire extinguishing system and gas detection and monitoring system, as well as other fire safety system products, such as fire door monitoring system, fire equipment power monitoring system. The Company mainly operates its business in the domestic market.
Cai Weimin completed the acquisition of additional 7.957082% stake in Jade Bird Fire Co., Ltd. from Beijing Beida Jade Bird Universal Sci-Tech Company Limited