Shenhuo Coal & Power to acquire 25% equity of Shanghai Sunho Aluminum Foil
2021-09-24 15:04:46 [Print]
Shenhuo Coal & Power announced on the evening of September 23 that the company decided to acquire 25% equity of Shanghai Sunho Aluminum Foil Co
In the first half of 2021, Shenhuo Coal & Power produced 16,500t of aluminum foil and sold 16,200t.
. , Ltd . held by SINO Bright (HK) International Investment Limited by means of agreement transfer, with an acquisition price of about 93 . 32 million yuan (14 . 45 million US dollars) . After the acquisition, Shanghai Sunho Aluminum Foil will become a wholly-owned subsidiary of the company.In the first half of 2021, Shenhuo Coal & Power produced 16,500t of aluminum foil and sold 16,200t.