Hanbo High-tech: The affiliated company Xin Dongjin plans to acquire a 70% equity stake in Dongjin and the SPV established by Hong Kong Dongjin. The transfer price is $142 million.

robot
Abstract generation in progress

Hanbo High-Tech announced that its affiliated company, Hefei Xin Dongjin New Materials Technology Co., Ltd., plans to acquire 70% of the equity in a special purpose company jointly invested by Dongjin Semichem Co., Ltd. and its wholly owned subsidiary Dongjin Global Holdings Limited. Dongjin will establish the target company by contributing 100% ownership of nine domestic target companies and 100% ownership or 50% ownership of 24 patents owned by Dongjin in China. The purchase price for the 70% equity stake in the target company is $142 million.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)