Hunan Yujing Machinery Co.,Ltd and Jiangsu Shuangliang Low Carbon Industry Investment Management Co., Ltd. acquired 24% stake in Jiangsu Shuangjing New Energy Technology Co., Ltd. from Jiangsu Shuangliang Energy Saving Investment Co., Ltd and Jiangsu Yongxin New Materials Co., Ltd. for CNY 18 million.
January 19, 2023
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Hunan Yujing Machinery Co.,Ltd (SZSE:002943) and Jiangsu Shuangliang Low Carbon Industry Investment Management Co., Ltd. acquired 24% stake in Jiangsu Shuangjing New Energy Technology Co., Ltd. from Jiangsu Shuangliang Energy Saving Investment Co., Ltd and Jiangsu Yongxin New Materials Co., Ltd. for CNY 18 million on January 19, 2023. Hunan Yujing Machinery Co.,Ltd (SZSE:002943) acquired 4% stake from Jiangsu Yongxin New Materials Co., Ltd. for CNY 0 million and Jiangsu Shuangliang Low Carbon Industry Investment Management Co., Ltd. acquired 20% stake from Jiangsu Shuangliang Energy Saving Investment Co., Ltd. for CNY 18 million.
Hunan Yujing Machinery Co., Ltd. is a China-based company mainly engaged in the research, development, design, manufacture and sales of precision computer numerical control (CNC) machine tools. The Company's main products include multi-wire cutting machines and grinding and polishing machines. Its products are mainly applied in cutting, grinding, polishing, drilling and other working operations of hard and brittle materials such as glass, sapphire, silicon materials, magnetic materials and ceramic materials. The Company also provides multi-wire cutting machine technical transformation services. The Company distributes its products in domestic market and to overseas markets.
Hunan Yujing Machinery Co.,Ltd and Jiangsu Shuangliang Low Carbon Industry Investment Management Co., Ltd. acquired 24% stake in Jiangsu Shuangjing New Energy Technology Co., Ltd. from Jiangsu Shuangliang Energy Saving Investment Co., Ltd and Jiangsu Yongxin New Materials Co., Ltd. for CNY 18 million.