NanFeng Corporation to publicly transfer 100% stake of ZhongXing Energy Equipment

Nanfang Ventilator Co.Asian Metal Copyright ZhongXing Energy Equipment was established on March 26, 1990, mainly engaging in the business of stainless steel seamless pipes and pipe fittings, and was acquired by NanFeng Corporation in 2014.Asian Metal Copyright, Ltd.Asian Metal Copyright The estimated value of the assets of ZhongXing Energy Equipment is RMB1,659,186,700 USD253,523,829, and the public transferring period will be from December 11, 2020 to December 25, 2020.Asian Metal Copyright (NanFeng Corporation) announced on December 9 that after the board of directors' approval, it would publicly transfer its 100% equity in ZhongXing Energy Equipment Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright The estimated value of the assets of ZhongXing Energy Equipment is RMB1,659,186,700 USD253,523,829, and the public transferring period will be from December 11, 2020 to December 25, 2020.Asian Metal Copyright on Jiangsu Equity Exchange from December 11, 2020.Asian Metal Copyright ZhongXing Energy Equipment was established on March 26, 1990, mainly engaging in the business of stainless steel seamless pipes and pipe fittings, and was acquired by NanFeng Corporation in 2014.Asian Metal Copyright The estimated value of the assets of ZhongXing Energy Equipment is RMB1,659,186,700 (USD253,523,829), and the public transferring period will be from December 11, 2020 to December 25, 2020.

ZhongXing Energy Equipment was established on March 26, 1990, mainly engaging in the business of stainless steel seamless pipes and pipe fittings, and was acquired by NanFeng Corporation in 2014.

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