Haide Asset Management Co., Ltd. completed the acquisition of 6.1% stake in Xuzhou Handler Special Vehicle Co., Ltd.
December 02, 2022
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Haide Asset Management Co., Ltd. won a bid to acquire 6.1% stake in Xuzhou Handler Special Vehicle Co., Ltd (SZSE:300201) for approximately CNY 200 million recently.
Haide Asset Management Co., Ltd. completed the acquisition of 6.1% stake in Xuzhou Handler Special Vehicle Co., Ltd (SZSE:300201) on December 2, 2022.
Xuzhou Handler Special Vehicle Co Ltd is a China-based company engaged in the research and development, production, sales and service of special vehicle products including aerial work vehicles, power emergency support vehicles, drainage rescue vehicles, fire trucks and military special vehicles. The Company conducts business through three segments. The Aerial Work Vehicle segment mainly produces ordinary aerial work vehicles, insulated aerial work vehicles and customized aerial work machinery (special vehicles). The Fire Truck segment produces urban main battle fire trucks, water tank foam fire trucks and high-rise spray trucks. The Other segment includes power emergency support vehicles and large-flow drainage rescue vehicles. The products include small-power power generation vehicle series and mobile energy storage vehicles.