新闻

Yangzijiang: Acquisition Of 10.6% Stake In Suzhou Jiumei Fiber Glass For RMB60 Million.

21 Jun 2018 17:30

Yangzijiang Shipbuilding's wholly-owned subsidiary, Jiangsu New Yangzi Shipbuilding Co. Ltd, acquired 10.6% equity interests in the share capital of Suzhou Jiumei Fiber Glass Co., Ltd through the trading system of National Equities Exchange and Quotations at a total consideration of RMB60,000,000. The Board believes that the acquisition of shares in JFG will be a good opportunity for the Group to penetrate into the upstream industry in order to better secure the supply of the shipbuilding materials and better control the costs of shipbuilding business...

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Source: ShareInvestor Express