Feilo Acoustics to acquire 75% stake in Yunhan Technology for 43.5 million yuan

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Summary · why it matters

Feilo Acoustics announced that it plans to acquire a 75% stake in Shanghai Yunhan Technology Co., Ltd. from Shanghai Yidian Information Network Co., Ltd. through a non-public agreement transaction on the Shanghai United Assets and Equity Exchange for 43.5 million yuan. The transaction constitutes a related-party transaction and aims to expand and strengthen its smart water business.

Impact on assets 1

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Off-coverage companies 2

上海云瀚科技股份有限公司i
Private± MixedCapitalrelevance

Target company being acquired; impact depends on valuation and integration

上海仪电信息网络有限公司i
Private± MixedCapitalrelevance

Seller of stake; receives 43.5 million yuan, but related-party nature may affect perception