Shanghai Feiyao Investment Management Co., Ltd. completed the acquisition of 7.83% stake in Tanac Automation Co., Ltd. from Takeda Kyoji, Takeda Shuji, Fujino Yasunari and Qian Chenglin.
March 23, 2022
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Shanghai Feiyao Investment Management Co., Ltd. signed an agreement to acquire a 7.83% stake in Tanac Automation Co., Ltd. (SZSE:300461) from Takeda Kyoji, Takeda Shuji, Fujino Yasunari and Qian Chenglin for approximately CNY 230 million on January 5, 2022. Shanghai Feiyao Investment Management Co., Ltd will be acquiring 10,215,443 shares at CNY 23 per share.
Shanghai Feiyao Investment Management Co., Ltd. completed the acquisition of 7.83% stake in Tanac Automation Co., Ltd. (SZSE:300461) from Takeda Kyoji, Takeda Shuji, Fujino Yasunari and Qian Chenglin on March 24, 2022.
Tanac Automation Co., Ltd is a China-based company principally engaged in development, manufacture and sales of computer numerical control (CNC) automatic winding equipment and accessories. The Companyâs products include CNC automatic winding machines-standard, CNC automatic winding machines-non standard, CNC automatic special equipment and CNC equipment parts. CNC automatic winding machines-standard include air core coil winding machines, full-automatic winding machines and others; CNC automatic winding machines-non standard include full-automatic motor winding machines, full automatic flying winding machines and others; CNC automatic special equipment include full-automatic floating machines, assembly machines, terminal connectors and others; CNC equipment parts include tensioners, sealing-tape machines, twisters, succors sets, free location thread clamp devices. The Company distributes its products mainly within domestic market and to overseas markets.
TANAC AUTOMATION CO., LTD. 
