An unknown buyer acquired a 40% stake in Hainan Yideng Technology Co., Ltd from FULONGMA GROUP Co.,Ltd..
July 01, 2022
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An unknown buyer acquired a 40% stake in Hainan Yideng Technology Co., Ltd from FULONGMA GROUP Co.,Ltd. (SHSE:603686) on June 15, 2022. FULONGMA GROUP Co.,Ltd. board approved the transaction.
An unknown buyer completed the acquisition of a 40% stake in Hainan Yideng Technology Co., Ltd from FULONGMA GROUP Co.,Ltd. (SHSE:603686) on June 15, 2022.
Fulongma Group Co Ltd, formerly Fujian Longma Environmental Sanitation Equipment Co Ltd, is a China-based company mainly engaged in environmental sanitation services. The Company operates three segments. Sanitation and Cleaning Equipment segment and Garbage Collection and Transfer Equipment segment are mainly engaged in the research and development, production and sales of various sanitation equipment. Environmental Sanitation Industry Services division mainly provides environmental sanitation public services such as road and public places cleaning and cleaning, domestic waste classification, collection, cleaning and transportation, disposal, public toilet operation and management, road cleaning, property management, smart sanitation and other environmental sanitation services. The Company's products include sweeping and sweeping vehicles, vacuum cleaners, environmental monitoring vehicles, wall cleaning vehicles, and kitchen garbage trucks.
FULONGMA GROUP CO.,LTD. 
