Kailong Technology: Intends to re-list and transfer its subsidiary with a 20% price reduction

Jinshi Data, November 15th, Kelon Gaoke announced in the evening of November 15th that the company plans to adjust the listing price of its wholly-owned subsidiary, Jiangsu Xiling Precision Manufacturing Co., Ltd., by 20% based on the initial listing floor price of 101 million yuan, that is, to re-list the transfer of 100% equity of Jiangsu Xiling at a price of 80.6626 million yuan. In addition to the above adjustments, the remaining listing conditions remain unchanged from the initial listing conditions. The start and end dates of this listing are expected to be from November 18th, 2024 to November 29th, 2024.

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