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Yadea agrees to buy Garow Technology Group for RMB 1.02 billion
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Yadea agrees to buy Garow Technology Group for RMB 1.02 billion
  • Yadea agreed to buy 100% of Garow Technology Group for RMB 1.02 billion in cash, funded from internal resources.
  • Garow makes electric bicycles, scooters, tricycles, components; completion makes it an indirect wholly owned Yadea subsidiary.
  • Price may be adjusted for target profit in H2 2026: below RMB 50 million cuts consideration; above RMB 100 million adds RMB 5 million.
  • Payment structure: RMB 5 million earnest money, 25% deposit, 70% post-completion, final 5% payable 12 months later.
  • Garow posted unaudited revenue of RMB 2.68 billion in 2025, net profit before tax of RMB 138.97 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yadea Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260825-12298474), on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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