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Your present location: Home >> News Channel >> Industry News >> Jiahua Energy Acquires Equity Interests in Jiahua New Materials

Jiahua Energy acquires equity of Jiahua New Materials

Release time: 2019/12/27 11:06:31 Click times: 565

Recently, Jiahua Energy issued an announcement saying that the company intends to use its own or self-raised funds to acquire five natural persons Wang Weiqiang, Cai Kangjun, Yao Yong, Gu Quanrong, About 1.41% equity held by Zhao Linjie. The transaction price will be based on the evaluation results as the pricing basis, and the total amount is expected to not exceed 8 million yuan.

It is understood that Jiahua New Materials was established in 2016. Its main products include p-toluenesulfonyl chloride, o-toluenesulfonyl chloride, o-toluenesulfonyl chloride, and so on.

Jiahua Energy stated that after the equity transfer, Jiahua New Materials became a wholly-owned subsidiary of the company, which could save the company's sulfonated pharmaceutical industry restructuring costs.

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