Shandong Liancheng Precision Manufacturing Co., Ltd entered into an agreement to acquire 3.9858% stake in Shanghai Shen-li High Tech Co., Ltd. from Shanghai Fosun Pharmaceutical Co., Ltd. and Shanghai Fulian Technology Co., Ltd. for CNY 61 million.
September 07, 2022
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Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) entered into an agreement to acquire 3.9858% stake in Shanghai Shen-li High Tech Co., Ltd. from Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (SHSE:600196) and Shanghai Fulian Technology Co., Ltd. for CNY 61 million on September 7, 2022. For the period ended June 30, 2022, Total Assets were of CNY 803 million and Total Common equity was of CNY 525 million.
Shandong Liancheng Precision Manufacturing Co., Ltd is a China-based company mainly engaged in the research and development, design, manufacture and sales of precision machine parts. The Companyâs main products include automotive pump shells, housings, chassis, trunnions, flanges, damping wheels, damping rings, shock absorber parts shells, valve parts, pump casings and others. The Companyâs products are mainly apply in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machineries, thermal power generation, high-speed rails, environmental water treatment and other industry fields. The Company distributes its products in domestic market and to overseas markets.
Shandong Liancheng Precision Manufacturing Co., Ltd entered into an agreement to acquire 3.9858% stake in Shanghai Shen-li High Tech Co., Ltd. from Shanghai Fosun Pharmaceutical Co., Ltd. and Shanghai Fulian Technology Co., Ltd. for CNY 61 million.
SHANDONG LIANCHENG PRECISION MANUFACTURING CO., LTD 
