据悉，目标公司主要从事教育软件、教育设备、电子产品技术开发及技术咨询业务。目标公司为该公司的非全资附属公司，由卖方及买方分别拥有51%及49%权益。目标公司于浙江省及全国范围内经营新高考业务。21st Century Education (01598) announced that on July 4, 2024, Hebei Zerui, one of the company's operating entities in China...
Zhitong Finance App News, 21st Century Education (01598) announced that on July 4, 2024, Hebei Zerui Education Technology Co., Ltd., one of the company's Chinese operating entities, plans to sell 51% of Zhejiang Peijian Technology Co., Ltd.'s shares to Chen Qinghua, Shi Yuhong, Wang Xiaoqing, Chen Qianliang and Wang Shuxian at a cost of RMB 13.5 million.
After taking into account the policies currently in force and considering the financial situation and profitability of the target company, the board of directors believes that the sale of the target company's shares will enable the group to realize investment income, optimize its capital structure, and increase the group's liquidity and reserves. After delivery, the target company will no longer be a non-wholly-owned subsidiary of the company. Furthermore, the directors expect that the net proceeds from the sale will be used by the Group as general working capital of approximately RMB 13.4 million.
According to reports, the target company is mainly engaged in technical development and technical consulting business for educational software, educational equipment, and electronic products. The target company is a non-wholly-owned subsidiary of the company, with the seller and the buyer holding 51% and 49% of the interests respectively. The target company operates a new college entrance examination business in Zhejiang Province and the whole country.