Mingpu Magnetics (002902.SZ) plans to acquire 60% equity of Shenzhen ABB Electric Transport Technology Co., Ltd. for approximately 118 million yuan.

Intelligence Financial News APP, Mingpu Optoelectronics (002902.SZ) announced that the company plans to purchase 60% equity of Shenzhen ABB Electric Transportation Technology Co., Ltd. (hereinafter referred to as the "target company") for approximately 1.18 billion yuan. After the completion of this equity purchase, the company will hold 60% of the equity of the target company and include it in the company's consolidated financial statements. On August 1, 2025, the company signed the "Equity Sale and Purchase Agreement for the Sale and Purchase of 60% Equity of Shenzhen ABB Electric Transportation Technology Co., Ltd." with the seller.