Kailong High-Tech: Plans to acquire 70% of Shenzhen Jinwanda Electromechanical Co., Ltd. Stock resumes trading

2026-02-06 15:31:53

Kailong High-Tech Announcement: The company plans to acquire a 70% stake in Shenzhen Jinwangda Electromechanical Co., Ltd. through the issuance of shares and cash payments to Xu Zhaowang and Anyi Pioneers Enterprise Management Partnership (Limited Partnership). In this transaction, 60% of the transaction price will be paid via share issuance, and 40% will be paid in cash. Additionally, the company also plans to raise supporting funds from the actual controller, Mr. Zang Zhicheng, with the total amount not exceeding 100% of the transaction price for the asset purchase via share issuance. This transaction aims to accelerate Kailong High-Tech’s industrial upgrade in the intelligent manufacturing field and improve the layout of the robotics industry chain. According to relevant regulations of the Shenzhen Stock Exchange, upon application by the company, the company’s securities will resume trading starting from the market opening on February 4, 2026 (Wednesday).

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.