Yunnan Coal Energy to acquire 45% equity of Yunnan Atlantic Welding Materials
2019-12-20 17:57:41 [Print]
Yunnan Coal Energy announced on December 19 that in order to promote the company's diversified development and enhance the company's use of funds, the company intends to purchase 45% equity of Yunnan Atlantic Welding Materials Co
Yunnan Coal Energy stated that Yunnan Atlantic is a leading company in the production of welding materials in Yunnan and has maintained a good profit in recent years.
. , Ltd . held by Yunnan Mechanical and Electrical Equipment Corporation in cash through public delisting at a transaction price of no more than RMB37 . 11 million (USD5 . 294 million).
Yunnan Coal Energy stated that Yunnan Atlantic is a leading company in the production of welding materials in Yunnan and has maintained a good profit in recent years.