Technology Oct 07, 2021 04:04 PM (GMT+8) · EqualOcean
Financial Associated Press, October 7 (Reuters) - RuiChuang Weina announced that the company and Xinxi Juxin jointly acquired 71.8704% equity of Wuxi Huace Electronic System Co., Ltd., with a total transaction price of 359 million yuan, of which the company acquired 56.253% equity of the target company with its own capital of 281 million yuan, and Xinxi Juxin acquired 15.617% equity of the target company with 78087000 yuan. As an enterprise deeply engaged in microwave field for more than ten years, the target company has a stable customer base and continuous order demand. This matter does not constitute a connected transaction, nor does it constitute a major asset reorganization.

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