Xindao Technology Aims to Acquire Equity in Jishun and Shunlei Technologies
2 week ago / Read about 0 minute
Author:小编   

On the evening of August 3, Xindao Technology (stock code: 688230) announced its intention to acquire a 100% equity stake in Jishun Technology and a 17.15% equity stake in Shunlei Technology. This strategic move will be financed through the issuance of convertible bonds and cash payments, ultimately granting Xindao full control over Shunlei Technology. The total value of this transaction is preliminarily estimated at 403 million yuan.

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