Shanghai Electric announced that Automation Group, a wholly-owned subsidiary of the company, plans to acquire 100% of the shares of Ningsheng Industrial held by the controlling shareholder Electric Holdings in cash at a transaction price of 3.082 billion yuan. Ningsheng Industrial is a shareholding management platform for industrial robotics-related businesses. It holds 50% of Fanuc Robotics and 25% of Fanuc Guomao.

Zhitongcaijing · 10/18 12:17
Shanghai Electric announced that Automation Group, a wholly-owned subsidiary of the company, plans to acquire 100% of the shares of Ningsheng Industrial held by the controlling shareholder Electric Holdings in cash at a transaction price of 3.082 billion yuan. Ningsheng Industrial is a shareholding management platform for industrial robotics-related businesses. It holds 50% of Fanuc Robotics and 25% of Fanuc Guomao.