# Internet Technology Packaging to acquire 60% stake in Huizhi Ruixing Information Technology

Internet Technology Packaging (ITP) signed a letter of intent to acquire 60% of Huizhi Ruixing Information Technology Co., Ltd for CNY 10-20 million and 50,000 restricted shares.

- Type: Acquisition
- Announced: 2020-05-27
- Where: China
- Value: $2.10M (15.0M CNY)
- Status: announced
- Products: healthcare IT solutions

## Companies

- [Internet Technology Packaging](https://endata.com/companies/47476.md) (acquirer)
- [Huizhi Ruixing Information Technology Co., Ltd](https://endata.com/companies/47477.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/305144.html), 2020-05-27: "ITP将通过支付人民币1000至2000万元和自身50万限制性股票收购该公司60%的股份。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.