FilingReader Intelligence
Quzhou Xinan Development acquires materials company for 3bn yuan
August 12, 2025 at 05:09 PM UTC•By FilingReader AI
Quzhou Xinan Development Co will acquire 95.5% of Pioneer Electronic Technology through share issuance and raise up to 3 billion yuan in supporting funds.
The acquisition marks a strategic pivot towards high-tech manufacturing for the company.
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
Announcement regarding general risk warnings concerning the acquisition of assets by issuing shares and the raising of配套 funds, and the resumption of the company's stock tradingAugust 12, 2025 at 08:00 AM UTC
Quzhou Xinan Development Co., Ltd.'s preliminary plan for issuing shares to acquire assets and raise supporting funds, representing a connected transactionAugust 12, 2025 at 08:00 AM UTC
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