Jiangsu Feymer Technology Co Ltd688350
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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.

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.
Jiangsu Feymer Technology Co LtdFumiao Technology is acquiring a controlling stake in Watertech for 696 million yuan, which will consolidate Watertech into its financial statements.
Longlin Woge is being acquired by Fumiao Technology as part of the transaction to obtain a controlling stake in Watertech.