---
title: "DaTong Machinery plans to sell all of its equity in Hong Kong Bangji and Shenzhen Bangji."
description: "Intelligent Finance News APP reported that Datong Machinery has announced that on October 16, 2023, the seller (an indirectly non-wholly-owned subsidiary of Bangji Industrial (Holdings) Co., Ltd.) and"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/100045559.md"
published_at: "2023-10-16T22:47:03.000Z"
---

# DaTong Machinery plans to sell all of its equity in Hong Kong Bangji and Shenzhen Bangji.

> Intelligent Finance News APP reported that Datong Machinery has announced that on October 16, 2023, the seller (an indirectly non-wholly-owned subsidiary of Bangji Industrial (Holdings) Co., Ltd.) and the buyer I (Anbo Circuit Board Co., Ltd.) have entered into a memorandum of understanding and a purchase and sale agreement I, and Shenzhen Bangji and buyer II (Heshan Anbo Circuit Board Factory Co., Ltd.) have entered into a purchase and sale agreement II. The seller will sell, and buyer I and buyer II will respectively purchase Hong Kong Bangji shares and Shenzhen Bangji equity for a consideration of HKD 1 and approximately RMB 137 million (subject to price adjustments). Hong Kong Bangji and Shenzhen Bangji are indirectly non-wholly-owned subsidiaries of the company. The main business of Hong Kong Bangji is the trading of printed circuit boards, while the main business of Shenzhen Bangji is the processing of printed circuit boards. After the delivery, the group will no longer have any equity interests in the Bangji subsidiaries. Faced with difficulties and a volatile market environment, the sale provides the group with an opportunity to exit the printed circuit board manufacturing business and allows the group to concentrate its resources on other business sectors with more positive cash flow potential, thereby enhancing the group's financial position.

Intelligent Finance News APP: Datong Machinery (00118) has announced that on October 16, 2023, the seller (an indirectly non-wholly-owned subsidiary of Bangji Industrial (Holdings) Co., Ltd.) and the buyer I (Anbo Circuit Board Co., Ltd.) have entered into a memorandum of understanding and a sales agreement I, and Shenzhen Bangji and buyer II (Heshan Anbo Circuit Board Factory Co., Ltd.) have entered into a sales agreement II. The seller will sell, and buyer I and buyer II will respectively purchase Hong Kong Bangji shares and Shenzhen Bangji equity for a consideration of HKD 1 and approximately RMB 137 million (subject to price adjustments).

Hong Kong Bangji and Shenzhen Bangji are indirectly non-wholly-owned subsidiaries of the company. The main business of Hong Kong Bangji is the trading of printed circuit boards, while the main business of Shenzhen Bangji is the processing of printed circuit boards. After the completion of the transaction, the group will no longer have any equity interest in the Bangji subsidiaries.

In the face of difficulties and a volatile market environment, the sale provides the group with an opportunity to exit the printed circuit board manufacturing business and allows the group to concentrate its resources on other business sectors with more positive cash flow potential, thereby enhancing the group's financial position.

### Related Stocks

- [00118.HK - COSMOS MACH](https://longbridge.com/en/quote/00118.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 大同机械企业完成了对塑料贸易部门的出售 | 宇宙机械企业完成塑料贸易部门的处置 | [Link](https://longbridge.com/en/news/276023961.md) |
| 机构 “最超配” 闪迪，“最低配” 英伟达 | 据摩根士丹利最新的统计：“机构对美国大型科技股的低配程度是 17 年来最大的” 相比 2025 年 Q4 的标普 500 指数权重，“$NVDA 仍然是机构低配程度最大的大型科技股，其次是苹果、微软、亚马逊和博通，而存储巨头闪迪则是 “最超 | [Link](https://longbridge.com/en/news/276289765.md) |
| 黄仁勋预告 “前所未见” 的芯片新品，下一代 Feynman 架构或成焦点 | 黄仁勋预告今年的 GTC 大会上发布” 世界从未见过” 的全新芯片产品，分析认为新品可能涉及 Rubin 系列衍生产品或更具革命性的 Feynman 架构芯片，市场预期 Feynman 架构将针对推理场景进行深度优化。 | [Link](https://longbridge.com/en/news/276310964.md) |
| Meta 加码英伟达：未来数年部署数百万颗芯片，首次采用 Grace CPU | 根据周二发布的声明，Meta 承诺将使用更多来自英伟达的 AI 处理器和网络设备。同时，Meta 还将首次在其独立计算机的核心部件采用英伟达的 Grace CPU。此次部署将涵盖基于英伟达当前 Blackwell 架构，以及即将推出的 Ve | [Link](https://longbridge.com/en/news/276177748.md) |
| 富兰克林电子｜10-K：2025 财年营收 21.31 亿美元不及预期 |  | [Link](https://longbridge.com/en/news/276479931.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.