Jiangsu Hongdou Industrial Internet Co., Ltd. agreed to acquire a 21% stake in Shenzhen Hongdou Wearable Intelligent Technology Co., Ltd. from Jiangsu Hongdou Industrial Co., Ltd for CNY 0.69 million.
October 20, 2021
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Jiangsu Hongdou Industrial Internet Co., Ltd. agreed to acquire a 21% stake in Shenzhen Hongdou Wearable Intelligent Technology Co., Ltd. from Jiangsu Hongdou Industrial Co., Ltd (SHSE:600400) for CNY 0.69 million on October 20, 2021.
Jiangsu Hongdou Industrial Co.,LTD is a China-based company principally engaged in the production and distribution of menâs apparels. The main products of the Company include formal suits, shirts, woolen sweaters, T-shirts, casual wear as well as trousers, among others. The Company is also engaged in the provision of dyeing and printing services, as well as the development and sale of real estates. The Company distributes its products in domestic and overseas markets.
Jiangsu Hongdou Industrial Internet Co., Ltd. agreed to acquire a 21% stake in Shenzhen Hongdou Wearable Intelligent Technology Co., Ltd. from Jiangsu Hongdou Industrial Co., Ltd for CNY 0.69 million.
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