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China Bester acquires HK Polywin Company

Author: Issuing time:2019-12-03 11:40 Pageviews:

On the afternoon of October 25th, China Bester Group, through its holding subsidiary Bester Telecom Hongkong LimiTed, acquired a 51% stake in Hong Kong Polywin Computer Limited (Yisheng Computer Co., Ltd.), which was formally signed in the Metropolis Building, Hung Hom, Hong Kong. This signifies that the company has made new major breakthroughs since listed in 2018, continuously exploring the international market, building global competitiveness, perfecting the adjustment of equity structure, and strengthening capital operation.

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Hong Kong Polywin Computer Limited has relevant licenses for developing communication service business in Hong Kong and a large customer base. It has rich industry experience and strong market competitiveness. It is expected to have an operating income of 35 million Hong Kong dollars in 2019. Based on the “Belt and Road” layout and long-term strategic planning and development needs, our company intends to become the controlling shareholder of Polywin Computer Limited through equity acquisition. With this acquisition, we can achieve complementary advantages and customer resource sharing effects which will help the company to further expand overseas markets and promote international development.

031036419979.jpg

In order to meet the "One Belt One Road" national strategy, expand overseas business development, and deploy to the international market as soon as possible, in February this year, the company established an international company in Hong Kong, which is fully responsible for the landing service of local business in Hong Kong and overseas international business development. It is reported that China Mobile (Hong Kong) has successfully bid for the 3.5 GHz spectrum with 60 MHz bandwidth for 300 million yuan on October 14, 2019. It will be assigned from April 1 next year and will be widely implemented in Hong Kong by then. 5G network construction. This also provides a broader development prospect for Zhongbei Communication's acquisition of Hong Kong Polywin, and is also a solid step to follow the operator's "going out" strategy.

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China Bester acquires HK Polywin Company

On the afternoon of October 25th, China Bester Group, through its holding subsidiary Bester Telecom Hongkong LimiTed, acquired a 51% stake in Hong Kong Polywin Computer Limited (Yisheng Computer Co., Ltd.), which was formally signed in the Metropolis Building, Hung Hom, Hong Kong. This signifies that the company has made new major breakthroughs since listed in 2018, continuously exploring the international market, building global competitiveness, perfecting the adjustment of equity structure, and strengthening capital operation.

031034432554.png

Hong Kong Polywin Computer Limited has relevant licenses for developing communication service business in Hong Kong and a large customer base. It has rich industry experience and strong market competitiveness. It is expected to have an operating income of 35 million Hong Kong dollars in 2019. Based on the “Belt and Road” layout and long-term strategic planning and development needs, our company intends to become the controlling shareholder of Polywin Computer Limited through equity acquisition. With this acquisition, we can achieve complementary advantages and customer resource sharing effects which will help the company to further expand overseas markets and promote international development.

031036419979.jpg

In order to meet the "One Belt One Road" national strategy, expand overseas business development, and deploy to the international market as soon as possible, in February this year, the company established an international company in Hong Kong, which is fully responsible for the landing service of local business in Hong Kong and overseas international business development. It is reported that China Mobile (Hong Kong) has successfully bid for the 3.5 GHz spectrum with 60 MHz bandwidth for 300 million yuan on October 14, 2019. It will be assigned from April 1 next year and will be widely implemented in Hong Kong by then. 5G network construction. This also provides a broader development prospect for Zhongbei Communication's acquisition of Hong Kong Polywin, and is also a solid step to follow the operator's "going out" strategy.

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