Megmeet (002851.SZ) plans to acquire a 46.3% stake in its subsidiary Shenzhen Welding for 664 million yuan.

Zhito Finance APP News, Megmeet (002851.SZ) announced that the company plans to acquire 46.3% equity of its controlled subsidiary Shenzhen Megmeet Welding Technology Co., Ltd. ("Shenzhen Welding") for RMB 664 million in cash using its own funds. This transaction includes a performance commitment, with the commitment period from 2026 to 2028. During the performance commitment period, Shenzhen Welding's cumulative net profit attributable to the parent company after deducting non-recurring gains and losses shall not be less than RMB 405 million. After the transaction is completed, the target company will become a wholly-owned subsidiary of the company, which is conducive to further strengthening the company's control over important subsidiaries and improving operational efficiency.