Chongqing Machinery Unit to Buy Gear and Shaft Component Firm

MT Newswires Live

2025/02/28

Chongqing Machinery & Electric (HKG:2722) unit Chongqing Machine Tools Group agreed to acquire Chongqing Panlian Transmission Technology for a little over 35.6 million yuan, a Thursday filing with the Hong Kong bourse stated.

The gear and shaft component firm is being purchased from CQMEHG Asset Management, which is a subsidiary of Chongqing Machinery & Electronics Holding (Group), the controlling shareholder of the company.

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Electric (HKG:2722) unit Chongqing Machine Tools Group agreed to acquire Chongqing Panlian Transmission Technology for a little over 35.6 million yuan, a Thursday filing with the Hong Kong bourse stated.</p><p>The gear and shaft component firm is being purchased from CQMEHG Asset Management, which is a subsidiary of Chongqing Machinery &amp; Electronics Holding (Group), the controlling shareholder of the company.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chongqing Machinery Unit to Buy Gear and Shaft Component Firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Electric (HKG:2722) unit Chongqing Machine Tools Group agreed to acquire Chongqing Panlian Transmission Technology for a little over 35.6 million yuan, a Thursday filing with the Hong Kong bourse stated.</p><p>The gear and shaft component firm is being purchased from CQMEHG Asset Management, which is a subsidiary of Chongqing Machinery &amp; Electronics Holding (Group), the controlling shareholder of the company.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1585","symbol_name":"昨日强势股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514386345","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514386345","pubTimestamp":1740734985,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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