Shareate to acquire no less than 66% equity of Zhuzhou Weikai

Shareate announced it intends to acquire no less than 66% equity of Zhuzhou Weikai Cutting Tools Co.Asian Metal Copyright Particularly, 60% of the equity of Zhuzhou Weikai was held by Zhuzhou Jinwei Cemented Carbide Co.Asian Metal Copyright, Ltd.Asian Metal Copyright This acquisition would improve Shareate's cemented carbide industry layout.Asian Metal Copyright (Zhuzhou Weikai) with no more than RMB112 million (USD17.Asian Metal Copyright, Ltd.Asian Metal Copyright51 million) and raise capital to Zhuzhou Weikai.Asian Metal Copyright, Ltd.Asian Metal Copyright Particularly, 60% of the equity of Zhuzhou Weikai was held by Zhuzhou Jinwei Cemented Carbide Co.Asian Metal Copyright Zhuzhou Weikai with no more than RMB112 million USD17.Asian Metal Copyright, Ltd.Asian Metal Copyright Zhuzhou Weikai is a high-end digital cuttings manufacturer, focusing on the development and production of digital cuttings base material, groove structure, finishing and surface coating.Asian Metal Copyright Zhuzhou Weikai is a high-end digital cuttings manufacturer, focusing on the development and production of digital cuttings base material, groove structure, finishing and surface coating.Asian Metal CopyrightShareate announced it intends to acquire no less than 66% equity of Zhuzhou Weikai Cutting Tools Co.Asian Metal Copyright This acquisition would improve Shareate's cemented carbide industry layout.
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