Weihong Technology to acquire 100% of Nanjing Kaitong

Weihong Technology announced plans to acquire 100% of Nanjing Kaitong for 125 million yuan, paid through a mix of shares and cash, to strengthen its industrial motion control systems business.

“The preliminary pricing of the target assets is 125 million yuan.”gkong.com

• 1 source
• gkong.com维宏股份拟并购南京开通100%股权 完善工业运动控制系统业务布局 - 工控新闻 自动化新闻 中华工控网Nov 20, 2020

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