Shaoyang Hydraulic: Company Plans to Issue Shares and Pay Cash to Acquire 100% Equity of Xincheng Hangrui

2026-03-21 14:19:21

Shaoyang Hydraulic announced that the company plans to issue shares and pay cash to purchase 100% of Chongqing Xin Chenghang Rui Technology Co., Ltd. from 33 shareholders including Ling Jun and Deng Hongxin, and to raise supporting funds. On January 15, 2026, the company received an inquiry letter from the Shenzhen Stock Exchange regarding the review of the application for Shaoyang Vick Hydraulic Co., Ltd. to issue shares and pay cash to acquire assets and raise supporting funds. The company and relevant intermediaries have provided explanations, demonstrations, and responses to each related matter. This transaction is subject to approval by the Shenzhen Stock Exchange and registration approval by the China Securities Regulatory Commission before it can be implemented.

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