Jundinda: Plans to acquire a 51% stake in Want Want Holdings, expanding into the liquid cooling industry.

This article is machine translated
Show original
Mars Finance reported on May 12th that Jundingda announced its plan to acquire a 51% stake in Huizhou Fudewangwang Industrial Development Co., Ltd. from Huang Tuwang and Li Mingxia through a share purchase, with the transaction amount expected to be no more than 300 million yuan. The target company's main business is the research, development, production, and sales of liquid cooling heat dissipation core components and related thermal management products. This investment aims to create a second growth curve for the company and accelerate its entry into the liquid cooling industry. The transaction is still in the planning stage and is subject to uncertainty. (Company Announcement)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments