fabspinscasino| Chuangli Group (603012.SH): Plans to acquire 51% shares of Shenchuan Electric

Gelonghui May 22 丨 Chuangli Group (603012)(603012fabspinscasino.SH) Announcementfabspinscasino, signed on April 10, 2024 between the company and Mr. Zheng Changlu, the controlling shareholder and actual controller of Shenchuan Electric, and Mr. Liu Yi, the shareholder of Shenchuan ElectricfabspinscasinoThe "Share Transfer Framework Agreement on Shanghai Shenchuan Electric Co., Ltd." was approved, and the company plans to acquire 51% of Shenchuan Electric's shares through its own or self-raised funds and become the controlling shareholder of Shenchuan Electric.

The company is mainly engaged in coal mining machinery equipment manufacturing and service business. Its main products cover intelligent coal miners, boring machines, emulsion pumping stations, chain arm saws and other equipment. This transaction will help enrich the company's intelligent coal mining machinery and equipment product line and expand the company's business. Extend to the field of mining intelligent auxiliary transportation and enhance the company's product research and development technical strength, which is conducive to the upgrading of the company's service plan for the company's complete set of technologies and equipment for smart blind contract, and further enhance the company's overall competitiveness.