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Rixin High-Tech (874591): The holding subsidiary plans to purchase an 82% stake in Xiamen Hongshengda Metal Technology Co., Ltd.
Every Day News reported that on April 8th, Rixin Gaoke announced that, considering the company’s business development, its controlling subsidiary Guangdong Hongshengda High-Precision Manufacturing Co., Ltd. plans to purchase an 82% stake in Xiamen Hongshengda Metal Technology Co., Ltd. for 8.2 million yuan in cash; after purchasing the above stake, Hongshengda High-Precision will further invest 24.6 million yuan in Xiamen Hongshengda; the total transaction price is 32.8 million yuan. After the transaction is completed, Hongshengda High-Precision will hold an 82% stake in Xiamen Hongshengda (corresponding to 32.8 million yuan in registered capital). On April 7, 2026, the company held the 18th meeting of the first board of directors, approving the “Proposal on External Investment by Subsidiaries.” According to the “Articles of Association,” “External Investment Management System,” and other relevant regulations, there is no need to submit it for shareholder approval.
(Reporter Zeng Jianhui)
Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Operate at your own risk.
Daily Economic News