---
title: "TDH: Acquired 40% equity in Jiangsu Su Fu Da for cash, with a transaction price of 25.64 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259365995.md"
description: "TDH acquired 40% equity of Jiangsu Su Fu Da in cash, with a transaction price of 25.64 million yuan, funded by its own funds. After the transaction is completed, Jiangsu Su Fu Da will become a wholly-owned subsidiary. This transaction constitutes a related party transaction but does not fall under major asset restructuring, and has been approved by independent directors and the board of directors, without the need for shareholder meeting deliberation. The transaction has been approved by the shareholders' meeting of the target company, and the \"Equity Transfer Agreement\" has been signed, pending the completion of industrial and commercial change registration"
datetime: "2025-09-29T14:02:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259365995.md)
  - [en](https://longbridge.com/en/news/259365995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259365995.md)
---

# TDH: Acquired 40% equity in Jiangsu Su Fu Da for cash, with a transaction price of 25.64 million yuan

TDH announced that the company will acquire 40% of Jiangsu Sufuda Data Technology Co., Ltd. for cash, with a total acquisition price of RMB 25.64 million, funded by the company's own funds. Upon completion of this transaction, Jiangsu Sufuda will become a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction has been approved by a special meeting of the company's independent directors and the 20th meeting of the second board of directors, and does not require submission to the shareholders' meeting for approval. As of the date of this announcement, the transaction has received approval from the shareholders' meeting of the target company, and all parties have signed the "Equity Transfer Agreement," pending the completion of industrial and commercial change registration

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