Haoji Electromechanical to buy 80% of Xianlong Motor for up to 80M yuan

Haoji Electromechanical (300503) signed an agreement on May 31, 2017 to acquire 80% equity of Dongguan Xianlong Motor for up to 80 million yuan, to expand its spindle product line.

“公司拟以不超过8,000万元人民币购买乙方各人（按出资比例）合计持有的东莞市显隆电机有限公司80%的股权。”cs.com.cn

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• cs.com.cn早间公告:昊志机电拟以8000万购买显隆电机80%股权_中证网陈健健Jun 1, 2017

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