Zhejiang SF Oilless Bearing Co., Ltd. announced that on August 28, 2024, the Fifth Board of Directors held its eighth meeting and agreed to use its own funds of 15.708 million RMB to acquire 34% equity of Sichuan SF Hong Precision Parts Co., Ltd., held by Chengdu Maosheng Sliding Bearing Co., Ltd. After this acquisition, SF Hong will become a wholly-owned subsidiary of the company. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. The transaction funds come from the company's own funds and will not have a significant adverse impact on the company's daily operations.
双飞集团：拟1570.8万元收购控股子公司双飞虹34%股权
Zhejiang SF Oilless Bearing Co., Ltd.: Intends to acquire 34% equity of its holding subsidiary Zhejiang SF Hong with 15.708 million RMB.
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