June 25, 2017 5:05 AM ET

IT Services

Company Overview of YONYOU Mobile Telecommunications Technology Services Co., Ltd.

Company Overview

YONYOU Mobile Telecommunications Technology Services Co., Ltd. operates in businesses such as computer technology development, technology consultation, technology transfer, technology service, technology training, and data processing. It also rents computer and communication equipment and sells communication equipment, computer, software, accessory equipment, and stationery commodity. The company is headquartered in China. YONYOU Mobile Telecommunications Technology Services Co., Ltd. operates as a subsidiary of Yonyou Software Co., Ltd.

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China

Key Executives for YONYOU Mobile Telecommunications Technology Services Co., Ltd.

YONYOU Mobile Telecommunications Technology Services Co., Ltd. does not have any Key Executives recorded.

YONYOU Mobile Telecommunications Technology Services Co., Ltd. Key Developments

Chanjet Information Technology Announces Telecommunications Service Purchase Framework Agreement with Yonyou Mobile

The Board of Chanjet Information Technology announced that (i) on 21 December 2015, the Company (as the purchaser) entered into the Telecommunications Service Purchase Framework Agreement with Yonyou Mobile (as the vendor), pursuant to which the Company agreed to purchase multi-party call recharge cards from Yonyou Mobile; (ii) on 21 December 2015, the Company (as lessee) entered into the Property Leasing Framework Agreement with Yonyou (as lessor), pursuant to which Yonyou agreed to lease the Property to the Company. Yonyou is the controlling shareholder of the Company and Yonyou Mobile is a subsidiary of Yonyou. Therefore, both Yonyou and Yonyou Mobile are connected persons of the Company as defined under Rule 14A.07 of the Hong Kong Listing Rules. Accordingly, the transactions contemplated under the Telecommunications Service Purchase Framework Agreement and the Property Leasing Framework Agreement constitute connected transactions of the Company pursuant to the Hong Kong Listing Rules.

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Recent Private Companies Transactions

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