Sunwoda Electronic: Huizhou Liwinon to acquire stakes in Zhejiang Liwinon

NBD AI Bulletin -- Sunwoda Electronic Co., Ltd (SZ 300207, close price: 26.23 yuan) on February 25 announced that, the Company held the 7th meeting of the 5th session of the board of directors on February 24, 2021, and the meeting considered and approved the plan of Huizhou Liwinon's acquisition of stakes in Zhejiang Liwinon. According to the plan, Huizhou Liwinon is to buy a 40% stake in Zhejiang Liwinon from Lanxi lanchuang Investment Group for 1.24 million yuan with funds in the hands of the localities. After the transaction, Zhejiang Liwinon will be a wholly-owned subsidiary of Huizhou Liwinon.

The 2020 semiannual report shows that Sunwoda Electronic's main business is industrial manufacturing, accounting for 100.0% of revenue.

Sunwoda Electronic's chairman and general manager is Wang Wei, male, 45 years old, having completed Tsinghua University senior MBA program.

(By Gao Han)

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