TBEA Hengyang Transformer to acquire Xinjiang TBEA Auto Control Equipment for CNY 420 million

TBEA's subsidiary Hengyang Transformer (Hengbian) will acquire all shares of Xinjiang TBEA Auto Control Equipment (Zikong) from TBEA Group for CNY 420 million, to expand its switchgear product line.

“衡变公司以自有资金受让全部自控公司股权，受让总价款按照自控公司股东全部权益评估值确定为4.20亿元。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com特变电工(600089.SH)：衡变公司受让自控公司全部股权 总价款4.20亿元Jul 28, 2023

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