Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) agreed to acquire remaining 49% stake in Shanghai Kelai shengluo Automation Equipment Co., Ltd. from Shanghai Lianjing Automobile Technology Co., Ltd. for CNY 76 million on November 24, 2022.

Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) completed the acquisition of remaining 49% stake in Shanghai Kelai shengluo Automation Equipment Co., Ltd. from Shanghai Lianjing Automobile Technology Co., Ltd. on December 15, 2022.