Fumiao Technology Plans to Acquire 51.16% Stake in Watertech for 696 Million Yuan

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Fumiao Technology announced that it plans to acquire a 100% stake in Longlin Woge and a 5.24% stake in Watertech, thereby obtaining a combined 51.16% equity interest in Watertech through direct and indirect holdings, for a total transaction consideration of 696 million yuan. Upon completion of the transaction, Watertech will be consolidated into the company's financial statements.

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Jiangsu Feymer Technology Co Ltd
688350
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Fumiao Technology is acquiring a controlling stake in Watertech for 696 million yuan, which will consolidate Watertech into its financial statements.

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隆霖沃格Private▲ Positive
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Longlin Woge is being acquired by Fumiao Technology as part of the transaction to obtain a controlling stake in Watertech.