Wise Living Technology Engages in Key Machinery Acquisition

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Wise Living Technology Engages in Key Machinery Acquisition

The latest announcement is out from Wise Living Technology Co., Ltd Class H ( (HK:2481) ).

Wise Living Technology Co., Ltd has entered into three Sales and Purchase Agreements to acquire energy-saving electromagnetic switch motors, with each agreement valued at RMB3,000,000, totaling RMB9,000,000. These transactions constitute a de minimis connected transaction under the Listing Rules, requiring notification and announcement but exempt from shareholder approval.

More about Wise Living Technology Co., Ltd Class H

Wise Living Technology Co., Ltd is a company incorporated in the People’s Republic of China, focusing on the production and sale of energy-saving technologies, particularly electromagnetic switch motors.

YTD Price Performance: -19.67%

Average Trading Volume: 199,416

Technical Sentiment Consensus Rating: Buy

See more insights into 2481 stock on TipRanks’ Stock Analysis page.

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