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China Bester Takes Hold of Guangdong Minnov Technology Co., Ltd.

Author: Issuing time:2020-03-30 13:56 Pageviews:

On March 24, 2020, China Bester Group Telecom Co.,Ltd. signed an equity transfer agreement with Liao Dong to acquire his 20% Minnov equity. After the completion of the acquisition,China Bester holds 55% equity of Guangdong Minnov, and Guangdong Minnov becomes the holding subsidiary of China Bester.

Guangdong Minnov Technology Co., Ltd. was established in July 2000 with a registered capital of 63.5 million yuan. It holds the first-class general contracting of communication engineering construction, the first-class communication and information network system integration, the second-class communication network maintenance service, and the second-class electronic and intelligent engineering. Class III, Class B of Secret Information System Integration, Class III of Steel Structure Engineering, Class III of Power Engineering, Class III of Construction Engineering, Construction Labor Service and other industry qualifications, more than 40 independent intellectual property rights. It has been supported by the science and technology research projects of Guangzhou Tianhe District Science and Technology Bureau, the National 863 Torch Program and the National Innovation Fund for Small and Medium-sized Science and Technology Enterprises. It is a demonstration enterprise of "Top 100 Innovative Enterprises Cultivation Project" in Guangdong Province.

Through nearly 20 years of development, Guangdong Minnov has accumulated a wealth of successful experience in technical services, engineering and products, and its business scope involves comprehensive maintenance of communication networks, comprehensive maintenance of towers, ICT/IDC technical support, equipment installation and supporting, and transmission Pipeline engineering, broadband resident network engineering, indoor coverage and WLAN engineering, iron tower engineering and supporting, wireless network optimization, smart park, smart light pole solutions, of which the communication network agent maintenance business accounts for about 65%, and the main customers are the three major operations Shang and China Tower. In order to provide faster and more thoughtful services and make services more localized, Guangdong Minnov is centered on Guangdong Province, and the regions are distributed in more than a dozen provinces including Beijing, Jiangsu, Liaoning, Henan, Guizhou, Hubei, Anhui, Inner Mongolia, Qinghai, etc. ( city).

In 2019, Guangdong Minnov's total assets were 551,285,100 yuan, and its operating income was 422,020,900 yuan. Through the acquisition of 20% of the shares of Guangdong Minnov, China Bester realizes the holding of Guangdong Minnov. While expanding the company's communication network maintenance business, it can effectively improve the competitiveness of the company's business in southern China and improve the company's business layout. At the same time, it further enhanced the company's ability to sustainably develop and resist risks thus  helping safeguard the interests of shareholders, especially small and medium shareholders.

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China Bester Takes Hold of Guangdong Minnov Technology Co., Ltd.

On March 24, 2020, China Bester Group Telecom Co.,Ltd. signed an equity transfer agreement with Liao Dong to acquire his 20% Minnov equity. After the completion of the acquisition,China Bester holds 55% equity of Guangdong Minnov, and Guangdong Minnov becomes the holding subsidiary of China Bester.

Guangdong Minnov Technology Co., Ltd. was established in July 2000 with a registered capital of 63.5 million yuan. It holds the first-class general contracting of communication engineering construction, the first-class communication and information network system integration, the second-class communication network maintenance service, and the second-class electronic and intelligent engineering. Class III, Class B of Secret Information System Integration, Class III of Steel Structure Engineering, Class III of Power Engineering, Class III of Construction Engineering, Construction Labor Service and other industry qualifications, more than 40 independent intellectual property rights. It has been supported by the science and technology research projects of Guangzhou Tianhe District Science and Technology Bureau, the National 863 Torch Program and the National Innovation Fund for Small and Medium-sized Science and Technology Enterprises. It is a demonstration enterprise of "Top 100 Innovative Enterprises Cultivation Project" in Guangdong Province.

Through nearly 20 years of development, Guangdong Minnov has accumulated a wealth of successful experience in technical services, engineering and products, and its business scope involves comprehensive maintenance of communication networks, comprehensive maintenance of towers, ICT/IDC technical support, equipment installation and supporting, and transmission Pipeline engineering, broadband resident network engineering, indoor coverage and WLAN engineering, iron tower engineering and supporting, wireless network optimization, smart park, smart light pole solutions, of which the communication network agent maintenance business accounts for about 65%, and the main customers are the three major operations Shang and China Tower. In order to provide faster and more thoughtful services and make services more localized, Guangdong Minnov is centered on Guangdong Province, and the regions are distributed in more than a dozen provinces including Beijing, Jiangsu, Liaoning, Henan, Guizhou, Hubei, Anhui, Inner Mongolia, Qinghai, etc. ( city).

In 2019, Guangdong Minnov's total assets were 551,285,100 yuan, and its operating income was 422,020,900 yuan. Through the acquisition of 20% of the shares of Guangdong Minnov, China Bester realizes the holding of Guangdong Minnov. While expanding the company's communication network maintenance business, it can effectively improve the competitiveness of the company's business in southern China and improve the company's business layout. At the same time, it further enhanced the company's ability to sustainably develop and resist risks thus  helping safeguard the interests of shareholders, especially small and medium shareholders.

101656157050.jpg

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