IKD: Plans to issue shares and pay cash to acquire 71% equity in Zhuoerbo
IKD announced that the company intends to acquire 71% equity of Zhuoerbo Precision Electromechanical Co., Ltd. through the issuance of shares and cash payment, and plans to issue shares to raise supporting funds. This transaction is subject to approval by the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented