Greatview Aseptic Packaging Company Limited (00468) said its subsidiary Esight Company Limited has agreed to buy 90% of the entire equity interest in Beijing Greatdata Technology Co., Ltd. (the target) at a consideration of RMB5.4 million.
The target is a company incorporated in the PRC and it holds 38 patents in the PRC (including patents that have been registered and patents that are under application). Prior to ceasing its business in September 2019, the target was engaged in the business of providing technical services in the areas of QR code design, generation and application for smart packaging using its patents.
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