Lvtong Technology Plans to Acquire Control of Chengrui Technology for Over 100 Million Yuan

M&A · Partnership
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Lvtong Technology announced that it plans to use a total of 100.26 million yuan in over-raised funds to acquire part of the equity in Suzhou Chengrui Technology Co., Ltd. and increase its capital. After the transaction, it will hold a 51% stake in Chengrui Technology, making it a controlling subsidiary. Specifically, the company will first acquire a 29.4773% stake in Chengrui Technology for 40.268251 million yuan, and then increase its capital by 60 million yuan to obtain a 30.5188% stake after the capital increase. The agreement has been formally signed with Jiang Wenhao, Jiang Jianjun, and other relevant parties.

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苏州市诚瑞科技有限公司Private▲ Positive
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Chengrui Technology will become a controlling subsidiary of Lvtong Technology, receiving investment and capital increase.

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