Tenghe Precision Motor (Suzhou) Co., Ltd.

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202420252026

Acquisition

Oct 8, 2024ACQUISITIONSuzhou, China$5.90M
Sine Electric to acquire Tenghe Precision Motor for 42.56 million yuan
Shenzhen Sine Electric Co., Ltd. announced plans to acquire 100% of Tenghe Precision Motor (Suzhou) Co., Ltd. for 42.56 million yuan, and invest an additional 12 million yuan to upgrade its production. The acquisition is part of a change in the company's fundraising project.
Shenzhen Sine Electric Co., Ltd. acquirer Tenghe Precision Motor (Suzhou) Co., Ltd. target #Industrial Machinery #Automation and Robotics finance.sina.com.cn

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