FilingReader Intelligence

IKD receives approval for share issuance, asset purchase plan

May 26, 2025 at 05:13 PM UTC•By FilingReader AI

IKD Co., Ltd. (SSE:600933) has announced that its application for issuing shares to purchase assets and raise supporting funds has been accepted by the Shanghai Stock Exchange (SSE) on May 26, 2025. The proposed transaction involves IKD acquiring 71% equity of Zhuoerbo (Ningbo) Precision Electromechanical Co., Ltd through a combination of share issuance and cash payment, while simultaneously raising funds through share issuance to no more than 35 specific investors. This acquisition is aligned with IKD's expansion strategy in the automotive components sector, particularly in micro-motors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Announcement on the Revision of the Report (Draft) (Submission Draft) on Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting FundsMay 26, 2025 at 08:00 AM UTC

Supplementary Source Documents

Report on the Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds by Aikodi Co., Ltd. (Draft) (Submission Draft)May 26, 2025 at 08:00 AM UTC

Announcement on the Acceptance of Application Documents for Issuing Shares and Paying Cash to Purchase Assets and Raising Matching Funds by the Shanghai Stock ExchangeMay 26, 2025 at 08:00 AM UTC

IKD

SSE:600933•Shanghai Stock Exchange

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