Nantong Yida Enterprise Management Consulting Co., Ltd. completed the acquisition of a 15.65% stake in Jiangsu Tongda Power Technology Co.,Ltd. (SZSE : 002576) from Tianjin Xinda Ruiming Enterprise Management Advisory Center (Limited Partnership).
May 08, 2022
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Nantong Yida Enterprise Management Consulting Co., Ltd. agreed to acquire 15.65% stake in Jiangsu Tongda Power Technology Co.,Ltd. (SZSE:002576) from Tianjin Xinda Ruiming Enterprise Management Advisory Center (Limited Partnership) for CNY 300 million on March 25, 2022. As per the transaction, the buyer will acquire 25.84 million shares of Jiangsu Tongda Power Technology Co.,Ltd.
Nantong Yida Enterprise Management Consulting Co., Ltd. completed the acquisition of a 15.65% stake in Jiangsu Tongda Power Technology Co.,Ltd. (SZSE : 002576) from Tianjin Xinda Ruiming Enterprise Management Advisory Center (Limited Partnership) on May 9, 2022.
Jiangsu Tongda Power Technology Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of small and medium-sized motors, generators and fixed-rotor iron cores, as well as the provision of related services. The Company's small and medium-sized motor used in machinery, steel, electricity, chemicals, cement, paper, metallurgy, petrochemical industries, as well as infrastructure projects. The Company's small and medium-sized generators are mainly used in wind power generators, fuel generators, hydroelectric generators, mobile power generators and other power generation equipment. The Company distributes its products mainly in domestic market, with East China as its main market.
Nantong Yida Enterprise Management Consulting Co., Ltd. completed the acquisition of a 15.65% stake in Jiangsu Tongda Power Technology Co.,Ltd. (SZSE : 002576) from Tianjin Xinda Ruiming Enterprise Management Advisory Center (Limited Partnership).
JIANGSU TONGDA POWER TECHNOLOGY CO.,LTD. 