Guangdong Mingyang Electric Co.,Ltd. (SZSE:301291) agreed to acquire Guangdong Borui Tiancheng Energy Technology from Guangdong Borui Tiancheng Energy Technology for CNY 11.16 million on March 24, 2023.The Guangdong Mingyang Electric Co.,Ltd. held the 19th meeting of the 1st Directorate on March 24, 2023. This transaction does not need the approval of the company?s shareholders meeting, On September 25, 2023 2nd Directorate approved the acquition of 100% stake in Guangdong Borui Tiancheng Energy Technology , The Guangdong Mingyang Electric Co., Ltd. will use its own funds of CNY 11.16 million.

Guangdong Mingyang Electric Co.,Ltd. (SZSE:301291) completed the acquisition of Guangdong Borui Tiancheng Energy Technology from Guangdong Borui Tiancheng Energy Technology on January 19, 2024.