Winner Technology (300609.SZ): Termination of acquisition of 5% equity stake in Binji Technology
Huina Technology (300609.SZ) announced that on September 4, 2023, the company entered into an agreement with Sichuan Hongzhi Yuanda Technology Co., Ltd...
Winner Technology (300609.SZ) Announcement: On September 4, 2023, the company signed a "Equity Transfer Agreement" with Sichuan Hongzhi Yuanda Technology Co., Ltd. ("Hongzhi Yuanda") and Wang Xiaodan, to acquire 5% equity of Sichuan Benji Technology Co., Ltd. ("Benji Technology" or the "target company") held by Hongzhi Yuanda for 50 million RMB.
It is reported that the parties recently signed a "Equity Transfer Cancellation Agreement". After the agreement was signed, Hongzhi Yuanda fully refunded the first installment of the equity transfer payment of 25 million RMB to the company, and also paid a compensation of 1.25 million RMB. These amounts, totaling 26.25 million RMB, were paid by Sichuan Xinyue Technology Development Group Co., Ltd. ("Xinyue Technology") on behalf of Hongzhi Yuanda. After the payment of the aforementioned amounts, the original "Equity Transfer Agreement" was officially terminated, and the company no longer needs to pay the second installment of the equity transfer payment of 25 million RMB.
Related Articles

HK Stock Market Move | CHONGQING M&E (02722) drops over 3%, plans to sell 51% equity in Chongqing Caff Automotive Brake & Steering System

HK Stock Market Move | CF PHARMTECH (02652) rose nearly 8% in morning trading; core management voluntarily extended the lock-up period; the chairman recently increased his shareholding.

Sinolink: High prosperity continues in lithium battery peak-season production scheduling; 15th Five-Year Plan promotes new technology development.
HK Stock Market Move | CHONGQING M&E (02722) drops over 3%, plans to sell 51% equity in Chongqing Caff Automotive Brake & Steering System

HK Stock Market Move | CF PHARMTECH (02652) rose nearly 8% in morning trading; core management voluntarily extended the lock-up period; the chairman recently increased his shareholding.

Sinolink: High prosperity continues in lithium battery peak-season production scheduling; 15th Five-Year Plan promotes new technology development.






