Suochen Technology plans to acquire 60% equity of Likong Technology for 192 million yuan, constituting a major asset reorganization
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Suochen Technology plans to acquire 60% equity of Likong Technology for 192 million yuan through its wholly-owned subsidiary Digital Technology, constituting a major asset reorganization. After the transaction, Likong Technology will become its secondary holding subsidiary. Likong Technology focuses on SCADA software and is committed to promoting the digital transformation of the manufacturing industry. This acquisition will help Suochen Technology provide full lifecycle solutions and promote high-quality development in the industrial software field
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