Jiangsu Hoperun Software Co., Ltd. agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million.
August 30, 2021
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Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million on August 31, 2021. Jiangsu Hoperun Software Co., Ltd. shall pay 40% of consideration within 30 working days of signing of agreement while remaining 60% payable within 30 working days after completion. As per the transaction, Jiangsu Hoperun Software Co., Ltd. will acquire Jiangsu Runlian Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. for CNY 162 million while Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. Nanjing Runhong Real Estate Co., Ltd. for CNY 272 million and CNY 83.5 million respectively.
As of May 31, 2021, Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. has reported total assets of CNY 168.9 million, CNY 157.9 million and CNY 99.16 million while net assets are CNY 159.44 million, CNY 83.28 million and CNY 55.75 million. The Board of Directors of Jiangsu Hoperun Software Co., Ltd. has approved the transaction.
Jiangsu Hoperun Software Co., Ltd. is principally engaged in the provision of software outsourcing services. The Company operates in five segments. The Financial Information segment provides bank application products and solution services, third-party system testing services, as well as property insurance application products and solution services. The Intelligent Power Grid Information segment provides intelligent power grid information products and solution services. The Intelligent Terminal Embedded Systems segment provides intelligent terminal embedded software and system solution services. The Intelligent Supply Chain Information segment provides supply chain management software and others. The System Integration and Maintenance segment is engaged in the design of intelligent building and the provision of integration implementation services, among others. The Company mainly operates its business in domestic and overseas markets.
Jiangsu Hoperun Software Co., Ltd. agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million.
JIANGSU HOPERUN SOFTWARE CO., LTD. 
