WindSun Science & Technology plans to increase its investment in Dongfang Electrical Machinery by 55.925687 million yuan
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WindSun Science & Technology announced an investment of 55.925687 million yuan in Dongfang Electrical Machinery to enhance its core competitiveness in the equipment manufacturing industry. After the investment, WindSun Science & Technology will hold 50% of the equity in Dongfang Electrical Machinery, making it a subsidiary. This move will strengthen the company's revenue in areas such as explosion-proof electrical appliances, high and low voltage switches, and control equipment, enhance its technological core competitiveness and market share, and ultimately achieve the maximization of company value and shareholder interests
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