MT Newswires Live2025-11-19
Guangxi Oriental Intelligent Manufacturing Technology (SHE:002175) completed the industrial and commercial registration for its newly acquired subsidiary Nantong Saifu Machinery, according to a Shenzhen bourse disclosure on Wednesday.
The measuring equipment manufacturer acquired 70% of Saifu Machinery from Jiangsu Weisai Heavy Industry for 27.5 million yuan.
The company's shares fell over 3% during the afternoon trade.
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