Qingshen Youda Industrial Development Co., Ltd. completed the acquisition of 51% stake in Qingshen Liancheng Technology Development Co., Ltd. from Sichuan Dawn Precision Technology Co.,Ltd..
December 29, 2023
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Qingshen Youda Industrial Development Co., Ltd. agreed to acquire 51% stake in Qingshen Liancheng Technology Development Co., Ltd. from Sichuan Dawn Precision Technology Co.,Ltd. (SZSE:300780) on December 25, 2023. On December 25, 2023, Sichuan Dawn Precision Technology Co.,Ltd held the 10th meeting of the 4th board of directors and the 9th meeting of the 4th board of supervisors, and reviewed and approved the Proposal on the Transfer of Equity Interests in Subsidiaries and Related Transactions.
Qingshen Youda Industrial Development Co., Ltd. completed the acquisition of 51% stake in Qingshen Liancheng Technology Development Co., Ltd. from Sichuan Dawn Precision Technology Co.,Ltd. (SZSE:300780) on December 29, 2023.
Sichuan Dawn Precision Technology Co., Ltd. is a China-based company mainly involved in research, development, design, manufacture and sales of mechanical transmission parts and related products. The Company's main products include mechanical transmission parts such as belt pulleys, taper sleeves, synchronous pulleys, expansion sleeves, sprockets, reducers, couplings and gears. Besides, the Company also provides customized mechanical parts meeting customer needs. The Company distributes its products in domestic and to overseas markets.
Qingshen Youda Industrial Development Co., Ltd. completed the acquisition of 51% stake in Qingshen Liancheng Technology Development Co., Ltd. from Sichuan Dawn Precision Technology Co.,Ltd..