Powerbridge Technologies Co., Ltd. completed the acquisition of 65% stake in Boxinrui International Holdings Limited from fifteen individual shareholders of Boxinrui International Holdings Limited.
Powerbridge Technologies Co., Ltd. (NasdaqCM:PBTS) completed the acquisition of 65% stake in Boxinrui International Holdings Limited from fifteen individual shareholders of Boxinrui International Holdings Limited on April 4, 2023. As a result of the transaction, PBTS now owns 90% stake in Ascendent Insights Education Co., Ltd.