Yuanwang Gu acquires shares of two companies in nearly 1 billion, and shares resume trading today.

In the micro-network news, May 23, Yuanwang Gu disclosed the revised and revised draft. The company intends to purchase 98.5% of the shares of the Gonow Information and 100% of the equity interest in Long Tieho by issuing shares and paying cash. The transaction price was initially set at 395 million. Yuan and 610 million yuan.

Prospectus shares resumed trading on May 24th. According to statistics, Longtieho focuses on the maintenance market for rail transit locomotives. It has independently researched and developed more than ten pieces of iron total and subordinate units to issue certified products. TheoInfo focuses on high-quality enterprises, Units and other customers provide mobile information based on industry application requirements, flow value-added, data comprehensive processing services.

Established in 1999 and listed on the Shenzhen Stock Exchange in 2007, Yuanwang Valley is a representative enterprise of the Internet of Things industry in China and a global leader in RFID technology, product and system solutions providers.