Jiangsu Yawei Machine Tool to issue shares to Yangzhou Industrial Group

Jiangsu Yawei Machine Tool's subsidiary signed a cooperation agreement with Yangzhou Industrial Investment Development Group and others, planning to issue 128,235,074 A shares to Yangzhou Industrial Group, making it the controlling shareholder. The agreement aims to support growth and develop the high-end equipment manufacturing cluster in Yangzhou.

“The agreement is also aimed at advancing the development of the high-end equipment manufacturing cluster in Yangzhou city.”itiger.com

• 1 source
• itiger.comJiangsu Yawei Machine Tool Signs Cooperation Agreement - Tiger BrokerstigerbrokersJan 21, 2025

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