CALB acquires control of Suao Sensor

CALB signed a share transfer agreement to acquire 11% of Suao Sensor from its controlling shareholder, and a voting rights waiver agreement, making CALB the controlling shareholder. CALB also plans to invest up to 672.69 million yuan in a private placement by Suao Sensor.

“Upon completion of the aforementioned share transfer and Mr. Li Hongqing's partial waiver of voting rights, CALB will become the controlling shareholder and actual controller of the company.”en.ofweek.com

• 1 source
• en.ofweek.comCALB Acquires Control of Suao Sensor, Accelerating Automotive Tech Integration- OFweek News!May 9, 2025

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