--- title: "ZFGF: Plans to acquire the remaining equity of its controlling subsidiary for 15 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/246388649.md" description: "ZFGF announced that the company plans to use its own funds of 15 million yuan to acquire a 30% stake in Zhaofeng Intelligent Equipment Co., Ltd. held by Hangzhou Dazhaofeng Industrial Group Co., Ltd. After the transaction is completed, the company's equity stake in Zhaofeng Intelligent Equipment will increase from 70% to 100%, making Zhaofeng Intelligent Equipment a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization" datetime: "2025-06-27T09:28:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246388649.md) - [en](https://longbridge.com/en/news/246388649.md) - [zh-HK](https://longbridge.com/zh-HK/news/246388649.md) generator: "portal-rs" --- # ZFGF: Plans to acquire the remaining equity of its controlling subsidiary for 15 million yuan ZFGF announced that the company intends to use its own funds of 15 million yuan to acquire 30% equity of ZFGF Intelligent Equipment Co., Ltd. held by Hangzhou Dazhaofeng Industrial Group Co., Ltd. After the transaction is completed, the company's equity ratio in ZFGF Intelligent Equipment will increase from 70% to 100%, and ZFGF Intelligent Equipment will become a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization ### Related Stocks - [300695.CN](https://longbridge.com/en/quote/300695.CN.md) ## Related News & Research - [Lyntris valued at $1.8 billion after shares fall in New York debut](https://longbridge.com/en/news/296376207.md) - [PFSE: Record Q2 revenue and profit growth, driven by strong demand and innovation in HVDC technology](https://longbridge.com/en/news/296308264.md) - [10:03 ETActive Dental Completes Renovation of Plano Office, Adding Three Treatment Rooms and Updated Technology](https://longbridge.com/en/news/296367682.md) - [Healwell AI unit Pentavere’s DARWEN platform earns 2026 International Prix Galien nomination](https://longbridge.com/en/news/296340446.md) - [FL Technics subsidiary FL Technics LLC adds UAE line maintenance approvals for A350, 777, 787, 737 MAX LEAP-1B](https://longbridge.com/en/news/296320777.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**