Lv Tong Technology: plans to acquire 51% controlling stake in Chengrui Technology. The target company’s core products include optical device coupling equipment

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Mars Finance news: Greenway Technology (301322.SZ) announced that the company plans to use a total of 100 million yuan in over-raised funds to obtain a 51% equity stake in Suzhou Chengrui Technology Co., Ltd. through an equity transfer and a capital increase. After the transaction is completed, Chengrui Technology will become a company-controlled subsidiary and be included in the consolidated financial statements. Chengrui Technology’s core products include optical device coupling equipment, silicon photonics wafer testing equipment, a COB aging machine, a dispensing machine, and automated production line systems, covering key process steps from testing to packaging, while also retaining some traditional processing fixtures and jigs. Among them, the optical device coupling equipment is Chengrui Technology’s core source of revenue. (China Finance Network)
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