China High Speed Drive Equipment Group

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Acquisition

Jun 30, 2018ACQUISITIONChina
China High Speed Drive to sell non-gear businesses and up to 73.91% stake to potential buyer
China High Speed Drive Equipment Group (listed as 00658) plans to sell its non-gear businesses, including subsidiaries in boilers, metallurgical equipment, diesel engines, semiconductors, heavy forging, machine tools, and more. Additionally, a potential buyer may acquire 51% to 73.91% of the company's shares from Five Seasons and Ji Changqun.
China High Speed Drive Equipment Group target Five Seasons investor Ji Changqun investor #Industrial Machinery #Steel and Metal Products #Semiconductors and Industrial Electronics beta.zhitongcaijing.com

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China High Speed Drive Equipment Group: plants, expansions, contracts and acquisitions · Endata