Shenzhen Cotran New Material Co.,Ltd. cancelled the acquisition of 55% stake in Wuhu Shunfu Precision Die Casting Technology Co., Ltd. from Shanghai Shunfu Precision Technology Co.,Ltd. for CNY 170 million.
June 29, 2021
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Shenzhen Cotran New Material Co.,Ltd. (SZSE:300731) signed the share transfer framework agreement to acquire 55% stake in Wuhu Shunfu Precision Die Casting Technology Co., Ltd. from Shanghai Shunfu Precision Technology Co.,Ltd. for CNy 170 million on September 20, 2020.
Shenzhen Cotran New Material Co.,Ltd. (SZSE:300731) cancelled the acquisition of 55% stake in Wuhu Shunfu Precision Die Casting Technology Co., Ltd. from Shanghai Shunfu Precision Technology Co.,Ltd. on June 30, 2021.
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.
Shenzhen Cotran New Material Co.,Ltd. cancelled the acquisition of 55% stake in Wuhu Shunfu Precision Die Casting Technology Co., Ltd. from Shanghai Shunfu Precision Technology Co.,Ltd. for CNY 170 million.
SHENZHEN COTRAN NEW MATERIAL CO.,LTD. 