Weihai Guangtai: Intends to acquire 35% equity of Shandong Antai Airport Equipment Co., Ltd. for 29.2062 million yuan.
Weihai Guangtai announcement: The company plans to acquire 35% equity of Shandong Antai Airport Equipment Co., Ltd. held by Shandong Airport Investment and Weihai Airport for 29.2062 million yuan. After the acquisition, the company's shareholding ratio will increase from 65% to 100%, and Antai Equipment will become a wholly-owned subsidiary of the company. This is aimed at strengthening the synergy between the company's airport equipment production and sales, integrating research and development capabilities, increasing investment in product research and development, and facilitating production process management. This acquisition will be funded by the company's own funds and will not have a significant adverse impact on the company's financial condition and operating results.
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