Shanghai Kelai Mechatronics Engineering Co.,Ltd. completed the acquisition of remaining 49% stake in Shanghai Kelai shengluo Automation Equipment Co., Ltd. from Shanghai Lianjing Automobile Technology Co., Ltd.
December 14, 2022
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Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) agreed to acquire remaining 49% stake in Shanghai Kelai shengluo Automation Equipment Co., Ltd. from Shanghai Lianjing Automobile Technology Co., Ltd. for CNY 76 million on November 24, 2022.
Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) completed the acquisition of remaining 49% stake in Shanghai Kelai shengluo Automation Equipment Co., Ltd. from Shanghai Lianjing Automobile Technology Co., Ltd. on December 15, 2022.
Shanghai Kelai Mechatronics Engineering Co.,Ltd is a China-based company principally engaged in the research, development and manufacturing of non-standard intelligent equipment and integrated system of industrial robots. The Company operates through two main segments. The Main Business segment is primarily involved in the manufacturing of flexible automatic production equipment and industrial robot system application products, among which the products include automatic assembling production line, automatic detecting production line, industrial robots and the peripheral system. The Others segment is mainly involved in the sales of parts and components, as well as the repairmen, maintenance, replacement and upgrade for components from original production line.