Yunding Technology: Proposed to acquire no less than 51% equity of Tianjin Detong Electric Co., Ltd.

Tianjin Detong is committed to providing industrial electrical automation solutions for industrial enterprises, including electrical automation control integration services, development of supporting control software, and sales of related equipment and accessories. The company’s products include equipment condition monitoring and fault diagnosis system, DTK-□-M (MNS) series low-voltage combined switchgear, DTK□-G (GCS) series low-voltage combined switchgear, etc. Recently, Yunding Technology intends to acquire no less than 51% equity of Tianjin Detong Electric Co., Ltd. by paying cash. After the completion of this transaction, the target company will become a holding subsidiary of the company.

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