Shiji Group Acquires Majority Ownership of Hisense Intelligent Commercial Systems

Shiji | March 4, 2019

(4 March, 2019, Beijing) Shiji Group announced today that its subsidiary, Shiji Commercial Information Technology Co., Ltd., successfully completed the majority share acquisition of Hisense Intelligent Commercial Systems Co., Ltd. Shiji Group now holds a total of 82.75% of Hisense ICS, becoming the controlling shareholder of the company. Previously holding 25% equity, the new acquisition of 57.75% equity continues the company's strategy of retail technology growth. The 57.75% equity purchase amount was approximately 462 million yuan. Hisense Intelligent Commercial Systems Co., Ltd is a subsidiary of Hisense that specializes in manufactu...