Gelonghui April 29th, Cyrus (601127)HttpslevvvelcomcoinmasterfreespinscoinsSH) announced that the company intends to issue shares to buy 100% stake in Longsheng New Energy held by Chongqing Industrial parent Fund, Liangjiang Capital Investment and Liangjiang Industrial Development. The main business of the transaction is to provide productive leasing services for new energy vehicle factories. At present, the audit and evaluation of the target company has not yet been completed, and the valuation of the underlying assets and the transaction price have not yet been determined.

According to the announcement, the company is a technology-based automobile enterprise with new energy vehicles as its core business, which involves the research and development, manufacture, sales and service of new energy vehicles and core three power products.

The super factory is one of the company's important production bases, which adopts "four-in-one" intelligent manufacturing architecture, has advanced intelligent terminals, realizes highly automated production, and buildsHttpslevvvelcomcoinmasterfreespinscoinsThe advanced IOT Internet of things platform in the industry is the leading digital twin factory in the industry. After the completion of this transaction, Longsheng New Energy will become a wholly owned subsidiary of the company. This acquisition will help the company to maintain advanced productivity on the production side, promote the implementation of the company's overall business strategy, and lay a core foundation for its performance growth.