AVIC Heavy Machinery (600765.SH) announced on November 27 that the company participated in the public auction activity conducted by the Beijing Financial Court on its Taobao judicial auction network platform on October 23, 2024, and obtained the "Execution Ruling" issued by the Beijing Financial Court on November 26, 2024, in accordance with legal procedures, winning the 3.472% equity of Anji Jingzhu held by Anshun Gotou for 49.84924 million yuan.
In order to further enhance the synergies of the business, strengthen the company's casting core business capabilities, focus on the forging and casting core business, optimize industrial layout, promote collaborative innovation development, and drive the company to become a leader in the forging and casting industry, a service provider for the main engine development, and a key player in the general infrastructure of the aviation industry. At the same time, it can enhance the comprehensive capabilities of the listed company, improve operational stability and risk resistance. After the completion of this acquisition, it will not lead to changes in the company's consolidated financial statements range, will not have a significant adverse impact on the company's future financial and operational conditions, nor will it harm the interests of the company and all shareholders.
