HK Stock Market Move | Estun Automation (02715) rose nearly 5% during trading hours, planning to absorb and merge its wholly-owned subsidiary, Nanjing Estun Automation Control Technology.
As of the time of writing, Aston (02715) rose nearly 5% during trading hours, with an increase of 3.18%, reaching HK$20.42. The transaction amount was HK$172 million.
Estun Automation (02715) rose nearly 5% during trading hours, and as of the time of writing, it is up 3.18% to 20.42 Hong Kong dollars, with a trading volume of 172 million Hong Kong dollars.
On the news front, on June 22, Estun Automation announced plans to absorb and merge its wholly-owned subsidiary, Nanjing Estun Automation Control Technology Co., Ltd. (referred to as "Estun Automation Control"), in order to optimize the company's management structure, promote resource integration, improve operational efficiency, and reduce management costs. After the completion of this merger, the legal entity of Estun Automation Control will be dissolved, and all of its businesses, assets, rights, and obligations will be inherited by the company.
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