On March 6, Shenzhen King Explorer Science And Technology Corporation(002917) ( Shenzhen King Explorer Science And Technology Corporation(002917) ) disclosed that Shandong shengshida, the holding subsidiary of the company, signed the asset purchase agreement with Yinguang technology. Shandong shengshida plans to use its own capital of 71 million yuan to purchase Yinguang technology’s 50 million detonator production line and related assets.
The announcement shows that the underlying assets refer to the 50 million detonator production line and related assets owned by Yinguang technology in Fei County, Shandong Province. While transferring the underlying assets to Shandong shengshida, Yinguang technology will transfer all its 50 million detonator production license capacity to Shandong shengshida.
Shenzhen King Explorer Science And Technology Corporation(002917) said that after the completion of the above transaction, the company’s annual production capacity of industrial detonators will increase from 167 million to 217 million, which is conducive to further strengthening the deep integration of the company’s technical advantages of intelligent equipment and resources in the production field, promoting the effective extension of the company’s industrial chain, enhancing scale effect and regional advantages, and improving the company’s comprehensive strength, Promote the company’s long-term development and achieve the company’s strategic objectives.
