Mingpu Guangci Aims to Acquire 60% Stake in Shenzhen ABB Electric Transportation Technology for RMB 118 Million

5 day ago / Read about 0 minute

Author：小编

Mingpu Guangci intends to purchase a 60% equity stake in Shenzhen ABB Electric Transportation Technology Co., Ltd. for an estimated sum of RMB 118 million. Upon the successful completion of this transaction, the acquired company will be integrated into Mingpu Guangci's consolidated financial statements. It is noteworthy that this deal does not involve any related-party transactions nor constitutes a significant asset restructuring. Nonetheless, it is subject to fulfilling prerequisite conditions and securing approvals from relevant authorities, with the outcome of the deal still carrying an element of uncertainty.

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