Weidi Co., Ltd. plans to acquire approximately 91% equity of Jiuxing Precision for 1.1B yuan.

NightAirdropper · 2026-04-04T17:07:12+00:00

The Beijing News Shell Finance reported that on April 1st, Weidi Co., Ltd. disclosed a major asset purchase draft report. The company plans to acquire 100% equity of Jiangsu Zhiyue Tiancheng Enterprise Management Co., Ltd. (corresponding to a 46.1165% stake in Jiuxing Precision) and 44.8506% stake in Jiuxing Precision through cash payment, with a total transaction price of 1.1B yuan. Weidi Co., Ltd. stated that this transaction will promote the company's strategic transformation and layout in the precision metal components industry, expand the company's business scope, and form a dual main business pattern of "automotive electronic control products + precision metal components."

NightAirdropper

2026-04-04 17:07:12

The Beijing News Shell Finance reported on April 1 that Weidi Co., Ltd. disclosed a draft of its major asset purchase report. The company plans to acquire 100% equity interests in Jiangsu Zhiyue Tiangcheng Enterprise Management Co., Ltd. by paying cash (corresponding to 46.1165% equity interests in Juxing Precision) and 44.8506% equity interests in Juxing Precision. The total consideration for the transaction is RMB 1.1B. Weidi Co., Ltd. said that this transaction will promote the company’s strategic transformation and its layout in the precision metal parts industry, expand the company’s business scope, and establish a dual-main-business operating structure of “automotive electronic control products + precision metal parts.”

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