On May 23, Yuanwang Valley disclosed the revised revision. The company intends to purchase 98.5% equity of Xi'ao Information and 100% equity of Longtie Vertical and Vertical by issuing shares and paying cash. The transaction price was initially set at 395 million yuan and 610 million yuan. .
Yuanwang Valley shares resumed trading on May 24. According to the data, Longtie has focused on the stock of rail transit locomotive maintenance market, and has independently developed more than ten pieces of iron and subordinate units to issue certified products. The company focuses on providing mobile information, traffic value-added, and data integration processing services based on industry application requirements to high-quality enterprises and institutions.
Yuanwang Valley itself was established in 1999 and listed on the Shenzhen Stock Exchange in 2007. It is a representative enterprise of China's Internet of Things industry and a leading global provider of RFID technology, products and system solutions.
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