Subsidiary of Jones Tech Plc (300684.SZ) plans to increase capital by 35.7 million yuan to acquire a 51% stake in Zhongshi Xunleng.
China Stone Technology (300684.SZ) announced that its wholly-owned subsidiary, Beijing China Stone Waiye Technology Yixing Co., Ltd. (referred to as "Yixing China Stone"), plans to use its own funds of 35.7 million yuan to increase capital to acquire 51% of the equity of China Stone Xunleng Heat Dissipation Technology (Dongguan) Co., Ltd. (referred to as "China Stone Xunleng"). After this acquisition is completed, Yixing China Stone will hold 51% of the equity of China Stone Xunleng, making China Stone Xunleng a controlled subsidiary of the company and included in the company's consolidated financial statements. This acquisition will help the company further deepen its industry layout in the field of heat dissipation modules, improve the ecological business of liquid cooling, and extend the liquid cooling professional capabilities of the China Stone Xunleng team to the company's existing major customer channels, achieving effective coordination and optimization of customer resources.
Jones Tech Plc (300684.SZ) announced that its wholly-owned subsidiary, Beijing Zhongshi Weiye Technology Yixing Co., Ltd. (referred to as "Yixing Zhongshi"), plans to use its own funds of 35.7 million yuan to increase its capital and acquire 51% of the equity of Zhongshi Xunleng Heat Dissipation Technology (Dongguan) Co., Ltd. (referred to as "Zhongshi Xunleng"). After the completion of this acquisition, Yixing Zhongshi will hold 51% of the equity of Zhongshi Xunleng, making Zhongshi Xunleng a subsidiary controlled by the company and included in the company's consolidated financial statements. This acquisition will help the company further deepen its industry layout in the heat dissipation module field, improve its liquid cooling business ecology, and expand the liquid cooling professional capabilities of the Zhongshi Xunleng team to the company's existing large customer channels, achieving effective synergy and optimized integration of customer resources.
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