WenYi Trinity Technology Co., Ltd made a proposal to acquire 73.8% stake in Tongling Huaxiang Asset Management Co., Ltd. from Shanghai Xiangfeng Investment Co., Ltd. for CNY 0.
August 17, 2020
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WenYi Trinity Technology Co., Ltd (SHSE:600520) made a proposal to acquire 73.8% stake in Tongling Huaxiang Asset Management Co., Ltd. from Shanghai Xiangfeng Investment Co., Ltd. for CNY 0 on August 17, 2020. After completion of the transaction, Tongling Huaxiang Asset Management will became wholly owned subsidiary of WenYi Trinity Technology. The transaction has been approved by the Board of WenYi Trinity Technology.
Wenyi Suntech Co., Ltd., formerly TongLing Zonfa Trinity Technology Co., Ltd, is a China-based company primarily engaged in the manufacture and sale of moulds and equipment. The Company's products portfolio consists of extruding moulds of plastic customized-shape components, moulds for electronic sealing, stampings, plastic-sealing machines, precision bearing parts, light emitting diode (LED) brackets, and precision components, among others, which are mainly applicable in the mould and LED areas. It distributes its products within domestic market and to overseas markets.
WenYi Trinity Technology Co., Ltd made a proposal to acquire 73.8% stake in Tongling Huaxiang Asset Management Co., Ltd. from Shanghai Xiangfeng Investment Co., Ltd. for CNY 0.