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Kangping Technology has announced the signing of an equity acquisition intent agreement with five individuals, notably including Zhu Jiandong, to acquire a controlling interest in Suzhou Lingchen Acquisition Computer Co., Ltd. via a cash transaction. Lingchen Acquisition specializes in manufacturing core components for intelligent equipment control units, supplying customers in the intelligent equipment and industrial robot sectors with essential parts such as motion control systems, precision transmission components, and robot modules. The finalization of this transaction is contingent upon the completion of a comprehensive audit and evaluation, as well as internal equity structure adjustments. The definitive transaction price will be negotiated and determined based on the audit and evaluation outcomes.
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