MLS Co.,Ltd. announced that on January 3, 2025, the company (referred to as "Party A") signed a "Cooperation Intention Agreement" with project partner Chen Li (hereinafter referred to as "Party B") and Guangzhou Xinhang Technology Co., Ltd. (hereinafter referred to as "Party C"). All parties plan to collaborate on core projects related to low-altitude lighting, aviation lighting products, and systems research and development, as well as production and manufacturing. Party C expects to achieve net income of no less than 50 million yuan, 60 million yuan, and 70 million yuan respectively each year from 2025 to 2027. Party A will conduct due diligence on Party C, and if satisfied, will acquire 51% of Party C's equity, with Party C's overall valuation not exceeding 0.75 billion yuan. Party B promises that if Party C fails to achieve performance targets, compensation will be provided to Party A as agreed in the contract.
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This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.