Songzhi Co., Ltd. Aims to Acquire 50% Stake in Jinlong Air Conditioning for RMB 95.2 Million
2025-08-27 / Read about 0 minute
Author:小编   

Songzhi Co., Ltd. intends to utilize RMB 95.2 million of its internal funds to acquire a 50% equity stake in Xiamen Jinlong Automobile Air Conditioning Co., Ltd., currently held by Yongrun Trading. Jinlong Air Conditioning specializes in the research, development, production, and sales of thermal management solutions tailored for large and medium-sized buses, serving as a trusted supplier to Xiamen King Long United Automobile Industry Co., Ltd. This strategic acquisition aims to fortify the partnership between Songzhi Co., Ltd. and its key clients, thereby bolstering its market position and competitiveness within the thermal management sector for large and medium-sized buses.