Wynn Co., Ltd. announced that its wholly-owned subsidiary Yongjing America plans to purchase 40% of Wynn America's shares held by Mol Belting Systems, INC. Following negotiations, the share price for this portion was US$1.4 million. After this equity transfer takes effect, Yongjing America will hold 100% of Wynn America's shares. Wynn America is mainly engaged in the processing, finishing, sales and after-sales service of lightweight conveyor belts and related products. Yongjing America's acquisition of a minority stake in Wynn America will help the company achieve optimal allocation of resources and strengthen the company's control over its strategic business in North America.
永利股份：下属全资子公司收购永利美国少数股权
Wynn Shares: A wholly-owned subsidiary acquires a minority stake in Wynn America
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