Nov 30, 2021 09:39 PM (GMT+8) · EqualOcean
Cailian news agency, November 30 - Kangda new material announced that Shanghai Kangda New Material Technology Co., Ltd. ("new material technology"), a wholly-owned subsidiary of the company, plans to sign the equity transfer agreement with Tangshan Financial Holding Group Financing Guarantee Co., Ltd. ("Tang Kong guarantee"), and plans to purchase Tangshan Fengnan Kangda chemical new material Co., Ltd. held by Tang Kong guarantee at the price of RMB 13 million（ "Fengnan Kangda") 20.63%. At present, Fengnan Kangda is the holding subsidiary of new material technology. After the equity transfer, new material technology will hold 100% of Fengnan Kangda.

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