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Dachang Microline Group (00567.HK) Sells 17.36% Stake to Jin'an Intelligent
Dachang Microline Group (00567.HK) announced that its major shareholder Spring Global (wholly owned by Mr. Wu Wencan) has transferred 280 million shares, representing 17.36% of the...
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Dachang Microline Group (00567.HK) Sells 17.36% Stake to Jin'an Intelligent
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Dachang Microline Group (00567.HK)  -0.015 (-4.286%)   announced that its major shareholder Spring Global (wholly owned by Mr. Wu Wencan) has transferred 280 million shares, representing 17.36% of the company's share capital, to Jin'an Intelligent. Upon completion, Jin'an Intelligent will become a major shareholder of the company with a 17.36% stake. Spring Global will cease to hold any shares, while Mr. Wu and his spouse will collectively hold 146 million shares, accounting for 9.05% of the company's share capital.

The group has established a joint venture, Jin'an Yining, with Beijing Jin'an and Beijing Weihang Yining Health Management to engage in the commercial application and research and development of artificial intelligence and intelligent robotics in the fields of healthcare, rehabilitation and elderly care. The company holds a 60% stake in the joint venture. (de/d)(HK stocks quote is delayed for at least 15 mins.)

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