Search
On August 3, Xindao Technology (stock code: 688230.SH) unveiled its intention to acquire 100% of Jishun Technology and 17.15% of Shunlei Technology from shareholders Sheng Feng, Li Hui, Huang Song, Wang Qingsong, and Shunlei Youcai. The acquisition will be facilitated through the issuance of convertible corporate bonds and cash payments, granting Xindao Technology full control over Shunlei Technology. The total transaction value has been tentatively set at RMB 403 million. This strategic move will enable Xindao Technology to indirectly and directly hold 100% of Shunlei Technology, marking a potential significant asset restructuring. Shunlei Technology specializes in the R&D, production, and sales of power devices, while Jishun Technology functions solely as Shunlei Technology's holding company, owning 82.85% of its equity.
-
C114 Communication Network -
Communication Home
