FilingReader Intelligence
Avic Sanxin acquires control of Hangzhou Wangying Tech for CNY43.8m
June 12, 2025 at 12:12 AM UTC•By FilingReader AI
Avic Sanxin (SZSE:002163) is set to acquire a controlling 51% stake in Hangzhou Wangying Technology Co., Ltd., a move aimed at strategically transforming the company towards the large consumer sector and capitalizing on digital economic opportunities. The acquisition will be executed via a cash investment of CNY43.84246 million, giving Avic Sanxin control and consolidating Wangying Tech's financials.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:002163•Shenzhen Stock Exchange
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