Shandong Himile plans asset purchase, dividend, shareholder meeting

Shandong Himile Mechanical Science & Technology (SZSE:002595) plans to acquire land use rights, factory buildings, and equipment from related party Shandong Himile Heavy Industry for RMB 105,072,498.21, aiming to bolster its rubber machinery business. The decision, reached at the recent 6th Directorate meeting, involved related directors abstaining from the vote.