Luxshare Precision Industry Co Ltd Class A

002475: XSHE (CHN)
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Luxshare: Buying Wingtech Assets Doesn't Affect Outlook; No Change to Our Fair Value Estimate

Luxshare Precision is buying the original design manufacturing and original equipment manufacturing operations of Wingtech for CNY 6.3 billion through three agreements. The price includes more than CNY 5.2 billion in debt settlements.

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