Cixing Co., Ltd. Aims to Acquire 75% Stake in Shenyang Shunyi Technology
1 week ago / Read about 0 minute
Author:小编   

Cixing Co., Ltd. intends to acquire a 75% shareholding in Shenyang Shunyi Technology via a combination of share issuance and cash payments, and will seek funding from a maximum of 35 investors. Upon completion of this transaction, the company aims to expand its operations in equipment health management systems and intelligent detection equipment. Currently, the audit and valuation of the target company are still ongoing, with the transaction price yet to be finalized. Additionally, the deal must undergo internal review by Cixing, as well as scrutiny by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.