Nanhua Instruments: intends to acquire 36%-45% stake in Jadeland

Jinshi data, October 11th, Nanhua Instrument announced that the company is planning to acquire Guangdong Jiadeli Cleaning Technology Co., Ltd. by paying cash to buy 36%-45% of the shares, and after the completion of the transaction, the company will obtain control of Jiadeli, which will become a holding subsidiary of the company. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring. The transaction is still in the planning stage, and core elements such as the transaction plan, transaction target, and transaction price still need further negotiation.