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Golden Dragon explores 29% stake in Shenzhen technology firm

July 23, 2025 at 08:00 AM UTCBy FilingReader AI

Guangdong Golden Dragon Development is in talks to acquire a 29.3% stake in Shenzhen Benmao Technology from two investment entities.

The proposed acquisition aims to accelerate business transformation and enhance revenue by expanding into the physical economy. A non-binding letter of intent was signed in July, subject to due diligence.

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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