---
title: "Meili High Technology: Plans to acquire equity in its controlling subsidiary for 15 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260879208.md"
description: "Meili High Technology announced that the company held a board of directors and supervisory board meeting on October 10, 2025, to review and approve the proposal regarding the acquisition of partial equity in a controlling subsidiary and related transactions. The company will use its own funds of 15 million yuan to acquire 10.1% equity in Beijing Dayuan and Jiangsu Dayuan held by Dayuan Steel. Upon completion of the transaction, Meili High Technology will hold 80.1% equity in both Beijing Dayuan and Jiangsu Dayuan. This transaction aims to improve decision-making efficiency, aligns with the company's development strategy, and will not have a significant impact on the company's financial condition and operating results"
datetime: "2025-10-13T10:38:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260879208.md)
  - [en](https://longbridge.com/en/news/260879208.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260879208.md)
---

# Meili High Technology: Plans to acquire equity in its controlling subsidiary for 15 million yuan

Meili High Technology announced that the company held a board of directors and supervisory board meeting on October 10, 2025, to review and approve the proposal regarding the acquisition of partial equity in a controlling subsidiary and related transactions. The company will use its own funds of 15 million yuan to acquire 10.1% equity in Beijing Dayuan and Jiangsu Dayuan held by Dayuan Steel. Upon completion of the transaction, Meili High Technology will hold 80.1% equity in both Beijing Dayuan and Jiangsu Dayuan. This transaction aims to improve decision-making efficiency, aligns with the company's development strategy, and will not have a significant impact on the company's financial condition and operating results

### Related Stocks

- [300611.CN](https://longbridge.com/en/quote/300611.CN.md)

## Related News & Research

- [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md)
- [Tata Power's (NSE:TATAPOWER) Problems Go Beyond Weak Profit](https://longbridge.com/en/news/286980045.md)
- [Legendary investor Jeremy Grantham says AI is the only thing that's prevented a recession and a market crash](https://longbridge.com/en/news/286934529.md)
- [Piyush Goyal asks industry to boost manufacturing to reduce imports](https://longbridge.com/en/news/286755269.md)
- [BOJ board member Koeda says inflation should be managed with monetary policy measures.](https://longbridge.com/en/news/287164522.md)