Brief: IT Tech Packaging Signs Letter Of Intent To Acquire Intelligent Healthcare It Solution Provider

IT Tech Packaging

27/05/2020 14:29

May 27 (Reuters) - IT Tech Packaging Inc  ITP.A :
    * IT TECH PACKAGING, INC. SIGNS LETTER OF INTENT TO ACQUIRE
INTELLIGENT HEALTHCARE IT SOLUTION PROVIDER
    * IT TECH PACKAGING - ENTERED INTO LETTER OF INTENT TO
ACQUIRE 60%
EQUITY INTEREST IN BAODING HUIZHI RUIXING INFORMATION TECHNOLOGY
    * IT TECH PACKAGING - TO ACQUIRE 60% EQUITY OF HZRX FOR
MINIMUM
RMB10 MILLION & RMB20 MILLION CASH, & TOTAL EQUITY CONSIDERATION
OF 500,000 OF CO'S STOCK

Source text for Eikon:  ID:nPn95ndCxa 
Further company coverage:  ITP.A 

 ((Reuters.Briefs@thomsonreuters.com;))