CIMEN issued a notice on the transfer of the company's equity. The content shows that CIMEN's controlling shareholder, Shaoxing Huayi Investment Co., Ltd., signed a Letter of Intent for Equity Transfer with KUKA Home yesterday, intending to transfer not less than 90 million CIMEN A shares held by KUKA Home. Both parties agree that KUKA Home will pay a minimum of 23% equity in CIMEN by way of cash payment. The unit price per share is not less than 15.20 yuan, and the total price is not less than 1.38 billion yuan.

In the Chinese market, the listed company acquired the listed company for the first time.

（Source: Jjgle.com）