Tewo Enterprise Management Consulting Co., Ltd. signed a share transfer and share investment agreement to acquire 25.16% stake in Inner Mongolia North Hauler Joint Stock Co., Ltd. from Terex Equipment Limited for approximately CNY 780 million.
January 10, 2018
Share
Tewo (Shanghai) Enterprise Management Consulting Co., Ltd. signed a share transfer and share investment agreement to acquire 25.16% stake in Inner Mongolia North Hauler Joint Stock Co., Ltd. (SHSE:600262) from Terex Equipment Limited for approximately CNY 780 million on January 9, 2018. Tewo (Shanghai) Enterprise Management Consulting Co., Ltd. will acquire 42.78 million shares.
Inner Mongolia North Hauler Joint Stock Co., Ltd is a China-based company, principally engaged in the development, manufacture and sales of automobiles for mining use and related spare parts. The Company's products mainly include off-road dump trucks, scrapers, loaders, bulldozers, excavators and related spare parts. The Company's products are applied in metallurgy, coal, nonferrous metal processing, chemical, construction materials, hydropower generation and transportation. It also provides aftermarket services. The Company distributes its products in domestic markets and to overseas markets.
Tewo Enterprise Management Consulting Co., Ltd. signed a share transfer and share investment agreement to acquire 25.16% stake in Inner Mongolia North Hauler Joint Stock Co., Ltd. from Terex Equipment Limited for approximately CNY 780 million.
INNER MONGOLIA NORTH HAULERCO., LTD. 
