Haide Control to acquire 75% stake in Xingzhida for 1.278 billion yuan

Haide Control plans to purchase 75% equity of Xingzhida, an industrial automation solutions provider, for 1.278 billion yuan via shares and cash. The deal aims to expand Haide Control's industrial control business.

“Haide Control plans to purchase 75% of the equity of Xingzhida held by eight counterparties by issuing shares and cash.”sensor360.org

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• sensor360.orgHaide Control plans to acquire 75% equity of Xingzhida for 1.278 billion yuan to develop and expand its business in the industrial control field - Sensor360In the networkJun 10, 2023

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