Leanteon (300596.SZ) intends to acquire the minority equity stake of its subsidiary company.

date
05/12/2025
China Fortune Financial News APP, Lianlong (300596.SZ) announced that in order to further strengthen the management level of its holding subsidiaries and improve decision-making efficiency, the company plans to acquire 30% equity of Lianlong Kerun (Zhejiang) New Material Co., Ltd. (referred to as "Lianlong Kerun") in cash, with a transaction price of 78 million yuan. After the completion of the transaction, the company's shareholding in Lianlong Kerun will increase from 70% to 100%, and there will be no change in the scope of the company's consolidated financial statements.