Automotive, Technology Oct 22, 2021 08:02 PM (GMT+8) · EqualOcean
Financial Associated Press, October 22, * ST Xinyi announced that in order to improve the company's upstream and downstream industrial chain and give full play to business synergy, the company plans to use its own funds to acquire 8% and 10% equity of Shandong yixiangyuan Chemical Co., Ltd. held by Boas and Juhe investment respectively. After the completion of this transaction, the company will hold 18% equity of yixiangyuan.
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