FilingReader Intelligence

Lingyi iTech acquires 66% stake in Jiangsu Keda

July 22, 2025 at 12:41 PM UTCBy FilingReader AI

Lingyi iTech is acquiring a 66.46% stake in Jiangsu Keda for 33,230 yuan through convertible bonds and cash. The company will raise up to 20,739.63 yuan concurrently.

Jiangsu Keda's valuation of 50,500 yuan represents a 104.06% premium to book value. The convertible bonds carry a 6-year term with 0.01% annual interest and 6.50 yuan conversion price.

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

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