Fumiao Technology Plans to Spend 696 Million Yuan to Acquire a 51.16% Controlling Stake in Watertech

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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 holding a combined 51.16% equity interest in Watertech through direct and indirect shareholding. The total transaction consideration amounts to 696 million yuan. Upon completion of the transaction, Watertech will be consolidated into the company's financial statements.

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Others▲ · 1 stocks
Jiangsu Feymer Technology Co Ltd
688350
▲ PositiveCapitalrelevance

Fumiao Technology is acquiring a controlling stake in Watertech for 696 million yuan, which is a capital event (M&A) that will consolidate Watertech into its financials.

Off-coverage companies 1

隆霖沃格Private± Mixed
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