SHA:603038

2 stories mentioning SHA:603038Updated 40d ago

Every FINWIRES story that references SHA:603038, newest first.

Shenghui Cleanness Finalizes Deal to Acquire 70% Stake in Technology Company from Shareholder

Shenghui Cleanness Group (HKG:2521) finalized a deal to acquire a 70% stake in Huali Digital Technology (Guangdong) from its substantial shareholder for 15.8 million yuan, the firm said in a Tuesday Hong Kong bourse filing.The target is mainly engaged in applying new technologies such as IoT, big data, and artificial intelligence to provide one-stop solutions, including the development of software systems and related services.The stake to be acquired is ultimately owned by Dongguan Huali Industries (SHA:603038), which also owns 19% of Shenghui Cleanness Group.

HKG:2521SHA:603038

Asia61d ago

Shenghui Cleanness in Talks to Acquire 70% Stake in Technology Company from Shareholder

Shenghui Cleanness Group (HKG:2521) is in talks to acquire a 70% stake in Huali Digital Technology (Guangdong) from its substantial shareholder, the firm said in a Monday Hong Kong bourse filing.The cleaning services company's shares gained 1% in late morning trade Tuesday.The target is mainly engaged in applying new technologies such as IoT, big data, and artificial intelligence to provide one-stop solutions, including the development of software systems and related services.The stake to be acquired is ultimately owned by Dongguan Huali Industries (SHA:603038), which also owns 19% of Shenghui Cleanness Group.The firm said it was still in talks for the stake acquisition and will inform markets if a deal is finalized.

HKG:2521SHA:603038

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