Jingdezhen Ceramic Culture Tourism Group Co., completed the acquisition of 29.99% stake of Nanjing Inform Storage Equipment Co., Ltd. from Shanghai Beixu Enterprise Management Center (Limited Partnership) and Jiangsu Shenghe Investment Co., Ltd.
June 01, 2020
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Jingdezhen Ceramic Culture Tourism Group Co., Ltd. entered into a share transfer intent agreement to acquire 29.99% stake of Nanjing Inform Storage Equipment (Group) Co., Ltd. (SHSE:603066) from Shanghai Beixu Enterprise Management Center (Limited Partnership) and Jiangsu Shenghe Investment Co., Ltd. for CNY 1.2 billion on February 29, 2020. Jingdezhen Ceramic Culture Tourism Development Co.,Ltd. entered into an agreement to acquire 29.99% stake of Nanjing Inform Storage Equipment (Group) Co., Ltd. (SHSE:603066) from Shanghai Beixu Enterprise Management Center (Limited Partnership) and Jiangsu Shenghe Investment Co., Ltd. for CNY 1.2 billion on April 22. 2020. Under the terms of this transaction, Shanghai Beixu intends to transfer 28.1 million shares of Nanjing Inform representing 9.35% stake and Jiangsu Shenghe Investment intends to transfer 62.1 million shares of Nanjing Inform representing 20.64% stake to Jingdezhen Ceramic Culture Tourism Group. After completion of this transaction, Jiangsu Shenghe Investment Co., Ltd. will still hold 70.6 million shares of Nanjing Inform and Shanghai Beixu Enterprise Management Center (Limited Partnership) will no longer hold shares of the company and The Nanjing Inform's controlling shareholder will be changed from Jiangsu Shenghe Investment Co., Ltd. to Jingdezhen Ceramic Culture Tourism Group. The transaction is subject to antitrust regulation. As on May 14, 2020, Jingdezhen Ceramic received decision on No Implementation of Further Review on Business Concentration anti monopoly.
Jingdezhen Ceramic Culture Tourism Group Co., completed the acquisition of 29.99% stake of Nanjing Inform Storage Equipment (Group) Co., Ltd. (SHSE:603066) from Shanghai Beixu Enterprise Management Center (Limited Partnership) and Jiangsu Shenghe Investment Co., Ltd. for CNY 1.2 billion on June 2, 2020.
Nanjing Inform Storage Equipment Group Co Ltd is a China-based company mainly engaged in intelligent logistics equipment business. The Company provides intelligent manufacturing, intelligent logistics planning, design and system integration, core equipment and software research and development, design, production, sales, implementation and operation services. It provides overall solutions for intelligent factories and customized products and services. The main products include logistics handling robots, including shuttles, stackers, automatic guided vehicles (AGV), aerial handling robots (EMS) and auxiliary robots. It produces warehouse management systems, warehouse control systems, full life cycle service platforms, digital twin platforms, logistics software systems and high-precision shelf equipment, including stereoscopic warehouse high-rise shelves, complex loft shelves and ordinary shelves. The Company mainly operates its business in the domestic and overseas markets.
Jingdezhen Ceramic Culture Tourism Group Co., completed the acquisition of 29.99% stake of Nanjing Inform Storage Equipment Co., Ltd. from Shanghai Beixu Enterprise Management Center (Limited Partnership) and Jiangsu Shenghe Investment Co., Ltd.