Jiangfeng Electronics: Subsidiary to Acquire 233 Million Yuan Worth of Equipment via Financial Leasing
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Author:小编   

Jiangfeng Electronics' controlling subsidiary, Shenyang Ruijing Precision Technology Co., Ltd., intends to acquire 97 machine tools from its affiliated entity, Shenyang Jiangfeng Tongchuang Precision Manufacturing Co., Ltd., via a financial leasing arrangement. The total value of this transaction amounts to 233 million yuan, with the objective of catering to the growing demands of business expansion and capacity enhancement. This transaction has garnered approval during the 22nd session of Jiangfeng Electronics' fourth board of directors.