--- title: "Luoman Technologies: Plans to acquire 39.2308% equity in Wutong High-tech" type: "News" locale: "en" url: "https://longbridge.com/en/news/251671550.md" description: "Luoman Technologies announced that the company intends to acquire a 39.2308% equity stake in Shanghai Wutongshu High-tech Co., Ltd. held by Shanghai Wutongshu Technology Development Co., Ltd. in cash. Upon completion of this transaction, the company will become the largest shareholder of the target company. This transaction is expected not to constitute a major asset reorganization as defined by the \"Administrative Measures for Major Asset Reorganization of Listed Companies.\"" datetime: "2025-08-05T14:29:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251671550.md) - [en](https://longbridge.com/en/news/251671550.md) - [zh-HK](https://longbridge.com/zh-HK/news/251671550.md) --- # Luoman Technologies: Plans to acquire 39.2308% equity in Wutong High-tech Luoman Technologies announced that the company intends to acquire 39.2308% equity of Shanghai Wutongshu High-tech Co., Ltd. held by Shanghai Wutongshu Technology Development Co., Ltd. in cash. Upon completion of this transaction, the company will become the largest shareholder of the target company. This transaction is expected not to constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." ### Related Stocks - [605289.CN](https://longbridge.com/en/quote/605289.CN.md) ## Related News & Research - [Guriev: Russia is in need of a pipeline to China](https://longbridge.com/en/news/286935918.md) - [Lula ahead of Bolsonaro in Brazil presidential vote poll](https://longbridge.com/en/news/286896793.md) - [BYD is struggling to meet demand for new fast-charging EVs as orders reach 100K, 60K](https://longbridge.com/en/news/287109883.md) - [Apple Flavor to Buy NovoSana’s China Assets for Up to USD66 Million in Health Supplements Push](https://longbridge.com/en/news/287039106.md) - [ZAWYA: Emirates Islamic and FC Barcelona unite to launch exclusive co-branded card](https://longbridge.com/en/news/287034377.md)