A New An Shareholding Announcement announced that its subsidiary, Zhejiang Chuanhua Huayang Chemical Co., Ltd., plans to invest CNY 190 million to acquire 100% equity of Zhejiang Chuanhua Jiayi New Material Co., Ltd. held by Chuanhua Zhilian Co., Ltd., an affiliated transaction. The counterparty Chuanhua Zhilian is a subsidiary of Chuanhua Group, a controlling shareholder of the company. The transaction aims to solve the problems of Huayang Chemical's site and planning restrictions and meet its business development and new product production needs. The transaction price is fair and there is no situation that harms the interests of the company and shareholders. The transaction will not have a significant impact on the company's current financial condition and operating performance.
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Xin'an Corporation: intends to invest 190 million yuan to acquire 100% equity of aquisição Chuanhua Jiayi
A New An Shareholding Announcement announced that its subsidiary, Zhejiang Chuanhua Huayang Chemical Co., Ltd., plans to invest CNY 190 million to acquire 100% equity of Zhejiang Chuanhua Jiayi New Material Co., Ltd. held by Chuanhua Zhilian Co., Ltd., an affiliated transaction. The counterparty Chuanhua Zhilian is a subsidiary of Chuanhua Group, a controlling shareholder of the company. The transaction aims to solve the problems of Huayang Chemical's site and planning restrictions and meet its business development and new product production needs. The transaction price is fair and there is no situation that harms the interests of the company and shareholders. The transaction will not have a significant impact on the company's current financial condition and operating performance.