Group 1 - The company, Xinchen Power (01148.HK), announced the acquisition of a 53% stake in AVIC Lantian Equipment Manufacturing Co., Ltd. for approximately RMB 147.1 million [1] - Following the completion of the share transfer, the buyer will invest USD 5 million in the target company, resulting in an ownership of about 60% [1] - The target company specializes in manufacturing vehicles, special equipment, mining machinery, automotive parts, industrial robots, and intelligent material handling equipment [1] Group 2 - The acquisition aligns with the company's strategy to enhance its core business through the integration of complementary operations [1] - The target company has a strong track record and reputation in the special and non-road vehicle sectors, which is expected to improve operational integration and diversify the product portfolio [1] - The expansion is anticipated to optimize business resources and promote sustainable growth, ultimately delivering additional value to shareholders [1] Group 3 - The company has applied to the Stock Exchange for the resumption of trading of its shares, effective from October 16, 2025 [2]
新晨动力(01148.HK)拟收购并增资控股中航兰田装备制造 下午复牌