RoboTechnik Intelligent Technology Co., LTD (SZSE:300757) signed an agreement to acquire remaining 6.97% stake in ficonTEC Service GmbH and ficonTEC Automation GmbH from Elas Technologies Investment GmbH for CNY 97.5 million on August 25, 2023. Under the terms of agreement, RoboTechnik issued shares as consideration. ficonTEC Service GmbH and ficonTEC Automation GmbH reported total assets of CNY 1,669,611,900 as at April 30, 2023. The transaction has been approved by board of RoboTechnik Intelligent on August 25, 2023 and is subject to approval from shareholders of RoboTechnik Intelligent and Shanghai Stock Exchange and China Securities Regulatory Commission.
Cheng Jia?an and Luo Hongyu of Orient Securities Investment Banking Co., Ltd. acted as financial advisor, Shao Zhen, Lin Hui and Ke Lingfeng of Grandall Lawyers (Shanghai) Office acted as legal advisor and Deng Dexiang and Gu Limei of Pan-China Certified Public Accountants LLP acted as accountant to RoboTechnik.