Shanghai Electric Group Company (HK:2727) has released an update.
Shanghai Electric Group Company has announced a strategic move by its subsidiary, Shanghai Electric Automation Group, to acquire full equity in Shanghai Ningsheng Industrial Co., Ltd. This acquisition is aimed at strengthening its market position and will be discussed in an upcoming online investor briefing session on October 21, 2024. Investors are encouraged to participate to gain insights and ask questions about the transaction.
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