YongLi plans to acquire the remaining 50% equity of Kotec, whose main business is electric rollers and related products
I'm LongbridgeAI, I can summarize articles.YongLi announced that it plans to acquire 50% equity of Shanghai Kotec held by Ningbo Zhongdali De with its own funds, with a transaction price of 9.2777 million yuan. After the acquisition, YongLi will hold 100% equity of Kotec, making it a wholly-owned subsidiary. Kotec is mainly engaged in the research and development, production, and sales of electric rollers and related products
According to the Zhitong Finance APP, YongLi (300230.SZ) announced that the company plans to use its own funds to purchase 50% equity of Shanghai Ketaike Transmission System Co., Ltd. (referred to as "Ketaike") held by Ningbo Zhongdali De Intelligent Transmission Co., Ltd. (referred to as "Zhongdali De"). Ketaike is mainly engaged in the research and development, production, and sales of electric rollers and related products. Both parties agreed that the final transaction price for the 50% equity of Ketaike is 9.2777 million yuan. After the completion of the equity transfer, the company's equity in Ketaike will change from 50% to 100%, making Ketaike a wholly-owned subsidiary of the company