Sanhua Intelligent Controls Denies Acquisition Plans for Tesla and Nvidia

Deep News05-08 17:02

On May 6, an investor inquired with Zhejiang Sanhua Intelligent Controls Co., Ltd. whether the company has intentions to acquire Tesla and if it plans to acquire high-tech firms like Nvidia to keep pace with the artificial intelligence trend. The investor also asked about any undisclosed stakes in such internationally advanced technology companies.

The company responded by stating that, firstly, the listed entity currently has no plans to acquire Tesla or Nvidia. Secondly, to its knowledge, the listed company holds no undisclosed shares in the relevant firms. The company expressed appreciation for the investor's interest.

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