Zijin Mining Industry Investment Co., Ltd. acquired 9.71% of stake in Zhejiang Dun'an Artificial Environment Co., Ltd from Dunan Holdings Group Co., Ltd. for approximately CNY 650 million.
November 11, 2022
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Zijin Mining Industry Investment (Shanghai) Co., Ltd. agreed to acquire 9.71% of stake in Zhejiang Dun'an Artificial Environment Co., Ltd (SZSE:002011) from Dunan Holdings Group Co., Ltd. for approximately CNY 650 million on April 28, 2022.
Zijin Mining Industry Investment (Shanghai) Co., Ltd. completed the acquisition of 9.71% of stake in Zhejiang Dun'an Artificial Environment Co., Ltd (SZSE:002011) from Dunan Holdings Group Co., Ltd. on November 10, 2022.
Zhejiang DunAn Artificial Environment Co Ltd is a China-based company mainly engaged in the research and development, production and sales of refrigeration components, refrigeration and air-conditioning equipment and automotive thermal management. The main products of the refrigeration accessories business include electronic expansion valves, four-way valves, globe valves, solenoid valves, small pressure vessels, heat exchangers and integrated pipeline components. The main products of the commercial refrigeration and air-conditioning equipment business include commercial chillers, air-conditioning terminals, nuclear power, rail transit, communication, cold chain and other special air-conditioning system units. The Company also provides new energy vehicle thermal management business. The Company operates businesses in both domestic and overseas markets.
Zijin Mining Industry Investment Co., Ltd. acquired 9.71% of stake in Zhejiang Dun'an Artificial Environment Co., Ltd from Dunan Holdings Group Co., Ltd. for approximately CNY 650 million.