Qingdao Fengguang Precision to Acquire 51% Stake in Beijing Weishi Shenlan for 112 Million Yuan

Published: Jun 18, 2026 16:33

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[SMM Express] According to reports, Qingdao Fengguang Precision Machinery Co., Ltd. recently plans to acquire a 51% equity stake in Beijing Weishi Shenlan Technology Co., Ltd. for 112 million yuan in cash. Upon completion of the transaction, Fengguang Precision will gain control of Weishi Shenlan. This acquisition will promote deep synergy between both parties at the levels of technology, capacity and market, injecting new momentum into the high-quality development of Fengguang Precision.

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