Baili Technology s subsidiary invested in Xiran Technology by way of cash acquisition and capital in

Mondo Technology Updated on 2024-02-28

On February 28, 2024, Baili Technology issued the "Progress Announcement of Baili Technology on Foreign Investment of Wholly-owned Subsidiaries", indicating that Baili Lithium Smart Factory, a wholly-owned subsidiary of Baili Technology, has been approved by the board of directors and will invest in Xiran Technology (Jiangsu) shares by way of cash acquisition and capital increase. Xiran Technology has completed the industrial and commercial change registration procedures and obtained the business license issued by the Administrative Examination and Approval Bureau of Suzhou Industrial Park. Xiran Technology was established on July 22, 2013 with a registered capital of RMB 12 million, and its legal representative is Wang Jingxu. Its main business scope includes production, research and development, sales of industrial equipment, crushing and feeding equipment, powder equipment, non-standard equipment, air conditioning, logistics equipment, as well as installation and maintenance services and import and export business of related products.

Hunan Baili Engineering Technology Co., Ltd. was listed on the Shanghai Stock Exchange on May 17, 2016, and its main business is to specialize in engineering consulting, design and engineering general contracting business. In the national economic industry, it belongs to the construction industry and the civil engineering construction industry; In terms of Shenwan industry classification, it belongs to the major category of architectural decoration and the subcategory of professional engineering. As of October 25, 2023, the actual controllers of the company are Wang Hairong and Wang Liyan.

As of 2024-02-27**, the company's share price is 618 yuan shares, with a circulating market value of 30300 million yuan.

Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.

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