Weiteou: Plans to acquire no less than 51% of the equity in Xinya New Materials via cash
2026-11-09 18:21:47
According to CoinMeta, Weiteou announced that on November 9, 2026, the company signed an "Investment Intent Agreement" with Xinya Process Technology. Xinya Process Technology intends to integrate its main electronic adhesives and related businesses, assets, and personnel into Shenzhen Xinya New Materials Co., Ltd. and its subsidiaries. The company plans to acquire no less than 51% of the equity in the target company in cash. As of the date of signing the agreement, due diligence, audit evaluations, and internal integration of the target company, which are related to this transaction, have not yet been completed. Specific details such as the transaction plan will be determined through negotiation between the two parties after the aforementioned tasks are completed, and will be subject to a formal agreement. This transaction is not expected to constitute a major asset reorganization.
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Source:Jin10 Data
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