Veken Technology Co., Ltd. (SHSE:600152) agreed to acquire 34% stake in Jiangxi VL Battery Co., Ltd. from LG Energy Solution, Ltd. (KOSE:A373220) for USD1 on September 19, 2023. This was ratified by the company?s 11th board of directors during its 5th meeting held on January 30, 2024. This does not require deliberation by shareholders meeting of the company

Veken Technology Co., Ltd. (SHSE:600152) completed the acquisition of 34% stake in Jiangxi VL Battery Co., Ltd. from LG Energy Solution, Ltd. (KOSE:A373220) for USD1 on October 9, 2023.