--- title: "ZFGF: Plans to acquire the remaining equity of its controlling subsidiary for 15 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/246388649.md" description: "ZFGF announced that the company plans to use its own funds of 15 million yuan to acquire a 30% stake in Zhaofeng Intelligent Equipment Co., Ltd. held by Hangzhou Dazhaofeng Industrial Group Co., Ltd. After the transaction is completed, the company's equity stake in Zhaofeng Intelligent Equipment will increase from 70% to 100%, making Zhaofeng Intelligent Equipment a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization" datetime: "2025-06-27T09:28:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246388649.md) - [en](https://longbridge.com/en/news/246388649.md) - [zh-HK](https://longbridge.com/zh-HK/news/246388649.md) generator: "portal-rs" --- # ZFGF: Plans to acquire the remaining equity of its controlling subsidiary for 15 million yuan ZFGF announced that the company intends to use its own funds of 15 million yuan to acquire 30% equity of ZFGF Intelligent Equipment Co., Ltd. held by Hangzhou Dazhaofeng Industrial Group Co., Ltd. After the transaction is completed, the company's equity ratio in ZFGF Intelligent Equipment will increase from 70% to 100%, and ZFGF Intelligent Equipment will become a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization ### Related Stocks - [300695.CN](https://longbridge.com/en/quote/300695.CN.md) ## Related News & Research - [Havas, linked to Louis Hachette director Yannick Bolloré, purchases EUR 5.31 million of Louis Hachette Group shares](https://longbridge.com/en/news/298621675.md) - [Gunnison Copper (TSE:GCU) Director Purchases 31,799 Shares](https://longbridge.com/en/news/298426444.md) - [Prospera Energy Announces Financing Update | GXRFF Stock News](https://longbridge.com/en/news/298526779.md) - [WIN Semiconductors: 2Q26 saw robust growth, with AI, Wi-Fi 7, and satellite markets fueling future expansion](https://longbridge.com/en/news/298417068.md) - [Canterra Minerals intersects 144 m of 0.75% CuEq at Lundberg deposit in Newfoundland drill hole](https://longbridge.com/en/news/298443315.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**