Zhongkong Technology to acquire 22% stake in Petro-Cyberworks for $88M

Zhongkong Technology (SUPCON) announced it will acquire a 22% equity stake in Petro-Cyberworks Information Technology Co., Ltd. for RMB 561 million (approx. $88 million) to strengthen its 5T business strategy and digitalization capabilities.

“本次交易有助于加深综合项目中的ERP合作，有助于中控技术5T战略的布局和快速发展。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com中控技术(688777.SH)拟斥5.61亿元收购石化盈科22%股权加强5T业务战略布局Feb 24, 2022

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