Yuefeng Technology (603227.SH) plans to acquire 51% equity of Shengshi Putian for 154 million yuan. Its main business is the integrated service of on-site mixed loading and blasting.

Zhtng Cijng APP News, Xuefeng Technology (603227.SH) announced that the company intends to acquire 51% equity of Shengshi Putian held by Hongda Engineering for 154 million yuan through a non-public agreement transfer method and with its own funds. After the acquisition is completed, Xuefeng Technology will hold 51% equity of Shengshi Putian and Shengshi Putian will become a subsidiary of the company.