Pansoft Company Ltd. (PSOF) Strengthens Position in Thriving Chinese Hydrocarbon Sector with Acquisition of Top Coal Mining HR Solutions and Service Provider
Pansoft Company, one of China’s top hydrocarbon industry providers of comprehensive enterprise resource planning software solutions and various professional services, announced a further expansion move recently with the signing of a definitive agreement to acquire Hefei Langji Technology Co., Ltd. (including wholly-owned subsidiary Shanghai Zhongrui) for a reported $1.69M (RMB10.8M). Chairman of PSOF, Hugh Wang, called the Langji move a milestone for the Company, as it follows the ITLamp Technology and HongAo Power acquisitions of 2010, cementing PSOF in the heart of China’s roaring hydrocarbon sector. Langji has risen from is start eight years ago to become the Chinese coal-mining…