Co-Prosperity (00707) said it entered into a memorandum of understanding with Century Galaxy Holdings Plc in respect of a possible acquisition of 20% of the issued share capital of Century Galaxy International Ltd.
The target company holds Shenzhen Qianhai Galaxy Century Financial Service Co., Ltd., which is principally engaged in investment consulting, enterprise management consulting, the development of network software and the research and development of information system integration technology, it currently develops the whole industry wisdom consumer platform, provides a one-stop wisdom upgrading solution for the entity by a unique "Internet +" business model, forms a 360 union district, and fully achieves "offline + online" resource interoperability, shared interests and win-win situation and becomes O2O leading brand.
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