Megmeet (002851.SZ) plans to acquire 46.3% of its subsidiary Shenzhen Welding for 664 million yuan

According to the Zhitong Finance App, Megmeet (002851.SZ) announced that the company plans to acquire 46.3% of the company's holding subsidiary Shenzhen Megmeet Welding Technology Co., Ltd. (“Shenzhen Welding”) using its own capital of 664 million yuan in cash. The transaction includes a performance promise. The performance commitment period is 2026-2028. During the performance commitment period, Shenzhen Welding's cumulative net profit attributable to the parent company after deducting non-recurring profit and loss is not less than 405 million yuan. After the transaction is completed, the target company will become a wholly-owned subsidiary of the company, which will help the company further strengthen its control over important subsidiaries and improve operating efficiency.