China South Industries Group Co.,Ltd., China South Industries Group Finance Co., Ltd., Baoding Tongwei Electrical Equipment Co., Ltd. and an unknown buyer acquired a 18.56% stake in Baoding Tianwei Baobian Electric Co.,Ltd. (SHSE : 600550) from Baoding Tianwei Group Co.,Ltd. and others.
June 29, 2023
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China South Industries Group Co.,Ltd., China South Industries Group Finance Co., Ltd., Baoding Tongwei Electrical Equipment Co., Ltd. and an unknown buyer acquired a 18.56% stake in Baoding Tianwei Baobian Electric Co.,Ltd. (SHSE : 600550) from Baoding Tianwei Group Co.,Ltd. and others on June 28, 2023.
China South Industries Group Co.,Ltd., China South Industries Group Finance Co., Ltd., Baoding Tongwei Electrical Equipment Co., Ltd. and an unknown buyer completed the acquisition of a 18.56% stake in Baoding Tianwei Baobian Electric Co.,Ltd. (SHSE : 600550) from Baoding Tianwei Group Co.,Ltd. and others on June 28, 2023.
Baoding Tianwei Baobian Electric Co., Ltd. specializes in the design, manufacturing and marketing of electric transformers. The group's products include transformers for sub-stations and power plants, auxiliary transformers, traction transformers, reactors, instrument inducers, etc.
China South Industries Group Co.,Ltd., China South Industries Group Finance Co., Ltd., Baoding Tongwei Electrical Equipment Co., Ltd. and an unknown buyer acquired a 18.56% stake in Baoding Tianwei Baobian Electric Co.,Ltd. (SHSE : 600550) from Baoding Tianwei Group Co.,Ltd. and others.
BAODING TIANWEI BAOBIAN ELECTRIC CO.,LTD. 
