Dec 15, 2021 05:30 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 15 (Xinhua) -- NANDA optoelectronics announced that the company completed the acquisition and capital increase of Shandong feiyuan Gas Co., Ltd. (hereinafter referred to as "feiyuan gas") in November 2019 and became the controlling shareholder with 57.9705% of its shares. The company plans to acquire 7.8466% equity of feiyuan gas held by Zibo Huashang Zhiyuan equity investment fund partnership (limited partnership) and 7.0097% equity of feiyuan gas held by Zibo feiyuan Chemical Co., Ltd. in cash. Up to now, the company's cash acquisition of some minority shareholders' equity of feiyuan gas has been completed.