Zhejiang Haining Yingchuang Equity Investment Management Co., Ltd. Completed the acquisition of 23.02% stake in Shantou Ruiye Information Technology Partnership Enterprise from Zhongyeda Electric Co., Ltd.
July 29, 2022
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Zhejiang Haining Yingchuang Equity Investment Management Co., Ltd. agreed to acquire 23.02% stake in Shantou Ruiye Information Technology Partnership Enterprise from Zhongyeda Electric Co., Ltd. (SZSE:002441) for CNY 1 on July 19, 2022. The transaction was already approved by Zhongyeda Electric Co., Ltd. board of directors.
Zhejiang Haining Yingchuang Equity Investment Management Co., Ltd. Completed the acquisition of 23.02% stake in Shantou Ruiye Information Technology Partnership Enterprise from Zhongyeda Electric Co., Ltd. (SZSE:002441) on July 29, 2022.
ZHONGYEDA ELECTRIC CO., LTD is a China-based distributor of industrial electrical products. The Company operates its businesses through the wholesale of energy, materials and mechano-electronic equipment, and electric equipment and machinery manufacturing business. The Company's products include low-voltage electrical products, medium voltage electrical products, industrial control products and others. The Company also provides system integration and sets manufacturing. The Company distributes its products within domestic market and to overseas markets.
Zhejiang Haining Yingchuang Equity Investment Management Co., Ltd. Completed the acquisition of 23.02% stake in Shantou Ruiye Information Technology Partnership Enterprise from Zhongyeda Electric Co., Ltd.