Rongshengya Shangchuangxing Private Securities Investment Fund, managed by Sanya Rongshengye Private Securities Fund Management Co., Ltd. completed the acquisition of 5.14% stake in Shenzhen Cotran New Material Co.,Ltd. from Shenzhen Kechuang Xinhua Technology Co., Ltd. and Zhoushan Huineng Enterprise Management Consulting Partnership Enterprise (Limited Partnership).
July 02, 2024
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Rongshengya Shangchuangxing Private Securities Investment Fund, managed by Sanya Rongshengye Private Securities Fund Management Co., Ltd. agreed to acquire 5.14% stake in Shenzhen Cotran New Material Co.,Ltd. (SZSE:300731) from Shenzhen Kechuang Xinhua Technology Co., Ltd. and Zhoushan Huineng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) for CNY 90 million on March 26, 2024.
Rongshengya Shangchuangxing Private Securities Investment Fund, managed by Sanya Rongshengye Private Securities Fund Management Co., Ltd. completed the acquisition of 5.14% stake in Shenzhen Cotran New Material Co.,Ltd. (SZSE:300731) from Shenzhen Kechuang Xinhua Technology Co., Ltd. and Zhoushan Huineng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) on July 3, 2024.
Shenzhen Cotran New Material Co Ltd is a company engaged in research, development, production and sales of polymer materials. The Company provides plastic metallized devices, radiators, waterproof tapes and waterproof insulating tapes for communications industry. It provides fireproof tapes, high voltage insulation tapes, metal shielding tapes and other products for power industry. The Company's other products include door and window seals used in automobile manufacturing and rail transit industries and anti-corrosion microfiber armor used in marine engineering facilities. The Company sells its products to both domestic and international markets, including Europe and South America.
Rongshengya Shangchuangxing Private Securities Investment Fund, managed by Sanya Rongshengye Private Securities Fund Management Co., Ltd. completed the acquisition of 5.14% stake in Shenzhen Cotran New Material Co.,Ltd. from Shenzhen Kechuang Xinhua Technology Co., Ltd. and Zhoushan Huineng Enterprise Management Consulting Partnership Enterprise (Limited Partnership).
SHENZHEN COTRAN NEW MATERIAL CO.,LTD. 
