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Hengwei Technology acquires controlling stake in Shuheng Technology, expanding its business.

Hengwei Technology announced that it plans to use its own funds and self-raised funds to purchase a 49.37% stake in Shuheng Technology held by Zhang Jisheng, Shanghai Huiheng, and others for 437 million yuan, and simultaneously inject an additional 30 million yuan into Shuheng Technology. After the transaction, the company will hold a total of 51% equity in Shuheng Technology, making it a controlled subsidiary of the company.
EmbedWay Tech(Shanghai)CorpHengwei Technology acquires controlling stake in Shuheng Technology, expanding its business.
Shuheng Technology receives investment and becomes a controlled subsidiary, likely benefiting from resources.