Rui Qi Shares Raised Funds To Acquire Heroic Tools &Nbsp; Capital Involved 26 Million
Rui Qi shares announced today that the Board approved the motion on the acquisition of part of assets and business of Yongkang Hao Mo Tools Co., Ltd. in May 9th, and agreed to use it.
The company intends to take "assets acquisition + joint venture operation" as the main body, with the company's subsidiary Jiaxing Hui Nen Tools Co., Ltd. as the main body, and the actual controller before the acquisition of the company and the heroic tool.
Prior to the acquisition, bold tools have become the most important domestic suppliers to the European and American countries in the product area, and export sales have shown steady growth in recent years. At present, OEM tools are also the main products of the tools and sander and industrial vacuum cleaner. Net profit in 2009 and 2010 was 10 million 194 thousand and 200 yuan and 15 million 307 thousand and 700 yuan respectively.
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