Yuehongyuan A (000573.SZ) plans to acquire 100% equity of Jinwangda for no more than RMB 550 million.

Zhito Finance APP News: Yuehongyuan A (000573.SZ) announced that, in order to promote the transformation and upgrading of the company's business, cultivate new momentum for the company's development, and build a second growth curve, the company intends to acquire 100% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. (hereinafter referred to as "Jinwangda") held by Xu Zhaowang and Anyi Tuohuangzhe Enterprise Management Partnership (Limited Partnership) by way of cash payment. The proposed transaction price for the target equity shall not exceed RMB 550 million.