Chengdu Xinsanhe Electromechanical Technology Development Co., Ltd.

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Acquisition

Feb 25, 2021ACQUISITIONChina$24.0M
Xiling Power to acquire 74.5% of Xinsanhe for $24M to boost aerospace business
Xiling Power Technology announced it will acquire 74.50% equity of Chengdu Xinsanhe Electromechanical Technology Development Co., Ltd. for 156 million yuan ($24 million). Xinsanhe focuses on aerospace manufacturing, and the acquisition aims to accelerate Xiling Power's aerospace business strategy.
Xiling Power Technology acquirer Chengdu Xinsanhe Electromechanical Technology Development Co., Ltd. target #Automotive Components #Aerospace Components zhitongcaijing.com

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