North Long Dragon New Materials Tech (301357.SZ) intends to acquire a 51% stake in Shunyi Technology with cash.
Announcement of Beifang Long Dragon (301357.SZ): The company intends to acquire 51% of the shares of Shenyang Shunyi Technology Co., Ltd. ("Shunyi Technology") by way of cash payment. Before the transaction, the company did not hold any shares of the target company. After the completion of the transaction, the company will become the controlling shareholder of the target company, and the target company will become a subsidiary of the company.
Announcement by North Long Dragon New Materials Tech (301357.SZ): The company plans to purchase 51% of the shares of Shenyang Shunyi Technology Co., Ltd. ("Shunyi Technology") through cash payment. Before the transaction, the company did not hold any shares of the target company. After the completion of the transaction, the company will become the controlling shareholder of the target company, and the target company will become a subsidiary of the company.
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