Suzhou Douson Drilling Equipment Co., Ltd. agreed to acquire Suzhou Douson Machinery Co., Ltd. from Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) for CNY 18.1 million on April 2, 2024. Suzhou Douson Machinery Co., Ltd. reported Total assets worth CNY 57.3 million and Total Common equity of CNY 4 million on November 30, 2023. Transaction is already approved by Suzhou Douson Drilling Equipment's board of director's and is subject to approval from Suzhou Douson Drilling Equipment's shareholder's.