ESTUN AUTOMATION's subsidiary plans to sell 48% equity in Yangzhou Shuguang to focus on its main business
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Estun Automation's subsidiary, Nanjing Dingkong Electromechanical Technology Co., Ltd., plans to transfer its 48% equity stake in Yangzhou Shuguang Optoelectronic Control Co., Ltd. to Wuxi XINHONGYE Cable Technology Co., Ltd. for a transaction price of 245 million yuan. This move aims to optimize resource allocation and industrial layout, further focusing on its main business and target market
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