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Liansheng Technology: Aims to Acquire 69.71% Stake in Xingchu Century; Trading to Resume on April 21
2025-04-20 /
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Author：小编
Liansheng Technology intends to acquire a 69.71% stake in Xingchu Century through a combination of share issuance and cash payments, with no immediate plans to acquire a minority interest in Tianjin Liansheng. Concurrently, the company will issue shares to secure funding for the expansion of its downstream energy storage and smart microgrid businesses, facilitating the integration of photovoltaic and energy storage systems, and paving the way for its entry into overseas markets. Trading of Liansheng Technology shares will resume on April 21. Nonetheless, the transaction is subject to various approvals and thus remains subject to uncertainty.
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