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Sany International's 65%-owned subsidiary Sany Robot will acquire 100% of Sany Robot Equipment (Xi'an) Co., Ltd. from Sany Heavy Equipment and Sany Construction Industry for a total consideration of ¥30.602 million. The acquisition aims to integrate robot and automation equipment R&D, manufacturing and sales within the group.
“收购事项及出售事项的目的是重组该集团的业务线,将目标公司机器人及自动化设备的研发、制造及销售业务与三一机器人业务整合”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.