Ceepower Co., Ltd. (SZSE:300062) signed intention agreement to acquire 60% stake in Yangzhou Huading Electric Appliances Co., Ltd. on January 17, 2025. The transaction is subject to consummation of due diligence investigation. If Yangzhou Huading Electric Appliance Co., Ltd. net profit from 2025 to 2027 reaches the agreed standard, Ceepower Co., Ltd promises to continue to acquire the remaining 40% equity.
Ceepower Co., Ltd. signed intention agreement to acquire 60% stake in Yangzhou Huading Electric Appliances Co., Ltd.
Published on 01/17/2025
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