-+ 0.00%
-+ 0.00%
-+ 0.00%
According to JIT's announcement, the company plans to acquire 51.10% of Zhejiang Huazhou Intelligent Equipment Co., Ltd.'s shares through cash acquisitions and capital increases, with a total transaction consideration of no more than 325 million yuan. After the transaction is completed, Zhejiang Huazhou will become the company's holding subsidiary. The deal is still in the planning stage, and the preliminary due diligence and audit evaluation work has not yet been completed. The details are yet to be further negotiated, and there is uncertainty about whether it can be reached in the end. This transaction does not constitute a related transaction and is not expected to constitute a major asset restructuring.
Share
Listen to the news
According to JIT's announcement, the company plans to acquire 51.10% of Zhejiang Huazhou Intelligent Equipment Co., Ltd.'s shares through cash acquisitions and capital increases, with a total transaction consideration of no more than 325 million yuan. After the transaction is completed, Zhejiang Huazhou will become the company's holding subsidiary. The deal is still in the planning stage, and the preliminary due diligence and audit evaluation work has not yet been completed. The details are yet to be further negotiated, and there is uncertainty about whether it can be reached in the end. This transaction does not constitute a related transaction and is not expected to constitute a major asset restructuring.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending