Jiangsu Bide Science and Technology Co., Ltd. (SHSE:605298) agreed to acquire Beijing Hesheng Kaida Rail Transit Equipment Co., Ltd. from Beijing Yongzheng Group Co., Ltd and Tianjin Hesheng Enterprise Management Partnership (Limited Partnership) for CNY 43.55 million on January 10, 2024. Beijing Hesheng Kaida Rail Transit Equipment Co., Ltd. reported Total assets worth CNY 80.9 million and Total Common equity of CNY 27.7 million in June 30, 2023.