Yankuang Energy Group Company Limited completed the acquisition of 90% stake in Shandong YanconGuotuo Science & Engineering Co.Ltd from Yunding Technology Co.,Ltd..
May 30, 2024
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Yankuang Energy Group Company Limited (SEHK:1171) agreed to acquire 90% stake in Shandong YanconGuotuo Science & Engineering Co.Ltd from Yunding Technology Co.,Ltd. (SZSE:000409) for CNY 140 million on March 29, 2024. The consideration consists of CNY 142.7 million in cash.
Yankuang Energy Group Company Limited (SEHK:1171) completed the acquisition of 90% stake in Shandong YanconGuotuo Science & Engineering Co.Ltd from Yunding Technology Co.,Ltd. (SZSE:000409) on May 31, 2024.
Yunding Technology Co Ltd, formerly ShanDong Geo-Mineral Co Ltd, is a China-based company principally engaged in information technology service business and coal gasification technology promotion business. The Company operates business through two segments. The Information Technology Service Business segment, through its subsidiary, provides customers with characteristic information, intelligent solutions and closed-loop services from planning, design, integration to operation and maintenance. The Coal Gasification Technology Promotion Business segment, through its subsidiary, is mainly engaged in coal gasification technology implementation license, technology research and development, technical services and technical training business. The Company mainly conducts business in the domestic market.
Yankuang Energy Group Company Limited completed the acquisition of 90% stake in Shandong YanconGuotuo Science & Engineering Co.Ltd from Yunding Technology Co.,Ltd..
YUNDING TECHNOLOGY CO.,LTD. 
