Jieqiang Equipment plans to acquire controlling stake in Shandong Carbon Search, with its main products currently being carbon nanotube conductive pastes
Jieqiang Equipment announced that it plans to acquire 51% equity of Shandong Carbon Xun held by Wuhan Carbon Weng for a cash consideration of 46.9 million yuan. After the acquisition, Shandong Carbon Xun will become a subsidiary. The company is mainly engaged in the research and development, production, and sales of nano-scale carbon materials and related products, with its main product being carbon nanotube conductive paste
According to the Zhitong Finance APP, Jieqiang Equipment (300875.SZ) announced that the company plans to acquire 51.00% of the equity of Shandong Tanxun held by Wuhan Tanweng for RMB 46.90 million through cash payment (corresponding to a subscribed capital contribution of RMB 5.10 million and a paid-in capital contribution of RMB 0.00 million). After the acquisition of 51.00% equity in Shandong Tanxun, it will become a controlling subsidiary of the company. The announcement shows that the target company mainly engages in the research and development, production, and sales of nano-scale carbon materials and related products, with its main product currently being carbon nanotube conductive paste
