FilingReader Intelligence
Xiangtan Electric acquires 12.5% stake for 208m yuan
July 28, 2025 at 10:52 AM UTC•By FilingReader AI
Xiangtan Electric Manufacturing acquired 12.5% of Tongda Electromagnetic Energy for 208m yuan from its controlling shareholder.
The purchase price represents a 60% premium to book value, valuing the target company at 1.66bn yuan total equity.
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
Supplementary Source Documents
Asset valuation report on the value of all equity interests of Tongda Electromagnetic Energy Co., Ltd. involved in the proposed acquisition of equity by Xiangtan Electric Motor Co., Ltd.July 28, 2025 at 08:00 AM UTC
Audit Report of Tongda Electromagnetic Energy Co., Ltd.July 28, 2025 at 08:00 AM UTC
Special report on the deposit and actual use of raised funds of Xiangtan Electric Motor Co., Ltd. in the first half of 2025July 28, 2025 at 08:00 AM UTC
Summary of 2025 Semi-annual Report of Xiangtan Electric Co., Ltd.July 28, 2025 at 08:00 AM UTC
Xiangtan Electric Motor Co., Ltd. 2025 Semi-annual ReportJuly 28, 2025 at 08:00 AM UTC
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