Hualing Cable responds to 270 million acquisition to accelerate entry into the robot field: The current acquisition is still in the intention stage, and there is uncertainty about whether it will be successful or not.

date
24/09/2025
Hualing Cable opened at the limit up, closing at 14.65 yuan per share. On the news front, on September 23, Hualing Cable announced that the company plans to acquire Anhui Sanchu Intelligent Technology Co., Ltd. through cash and other means. Hualing Cable staff stated that if the acquisition is successfully completed, it will benefit business synergy and meet customers' demand for systematic and integrated products. "For example, customers do not need to buy both cables and connectors separately, we can sell them together and provide one-stop service for customers." The staff emphasized that the acquisition is still in the intention stage, and there is uncertainty about whether it will be completed. Investors need to pay attention to the related risks.
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