Jia Yuan Technology to acquire 100% equity and assets of Shandong Xinliyuan
2021-08-16 11:59:25 [Print]
Jia Yuan Technology announced that it plans to acquire 100% equity and all assets of Shandong Xinliyuan Copper Foil Technology Co., Ltd. with its own money. The total consideration (Inc-VAT) for the 100% stake in the target company is RMB104,940,420 (USD16,202,801). The deal won't result in major asset restructuring and it is in line with the company's long-term developing plan given a relatively strong synergy effect.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China copper concentrate producers' sales to production ratio statistics by province by month
Unit: %
