Sep 29, 2021 05:27 PM (GMT+8) · EqualOcean
Financial Associated Press, September 29 - Dongcai technology announced that the company's holding subsidiary Shandong aimont new materials Co., Ltd. ("Shandong aimont") plans to acquire 100% equity of Shandong Dongrun new materials Co., Ltd. ("Shandong Dongrun" or "target company") held by Shandong Laiwu Runda new materials Co., Ltd. ("Shandong Runda") with its own or self raised funds of RMB 36 million; Shandong Runda has not paid in the capital contribution of 15.5 million yuan, and Shandong aimont will continue to perform the follow-up capital contribution obligation ("this acquisition"). After the acquisition, Shandong aimont plans to increase the capital of Shandong Dongrun with its own or self raised capital of 150 million yuan.