Jul 28, 2021 05:48 PM (GMT+8) · EqualOcean
Xinwangda announced that its subsidiary Zhejiang Liwei electronics plans to acquire 51% equity of Huizhou Liwei electronics held by Huizhou Liwei new energy with about 22.4195 million yuan in cash and 49% equity of Huizhou Liwei electronics held by Yang Shan with about 21.5403 million yuan in cash. This transaction will help the company to further optimize the industrial chain layout of the company's consumer cell business, improve the company's management decision-making efficiency and enhance its comprehensive competitiveness.

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