Changzhou Fusion New Material Co., Ltd. acquired remaining 30.64% stake in Jiangsu Lianyin New Materials Co., Ltd. from Su Xianfeng, Feng Hua, Ma Yiming, Tao Chunguang, Wang Zhiqiang and Luo Zhong for CNY 53 million.
May 31, 2023
Share
Changzhou Fusion New Material Co., Ltd. (SHSE:688503) acquired remaining 30.64% stake in Jiangsu Lianyin New Materials Co., Ltd. from Su Xianfeng, Feng Hua, Ma Yiming, Tao Chunguang, Wang Zhiqiang and Luo Zhong for CNY 53 million on May 31, 2023.
Changzhou Fusion New Material Co., Ltd. (SHSE:688503) completed the acquisition of remaining 30.64% stake in Jiangsu Lianyin New Materials Co., Ltd. from Su Xianfeng, Feng Hua, Ma Yiming, Tao Chunguang, Wang Zhiqiang and Luo Zhong for CNY 53 million on May 31, 2023.
Changzhou Fusion New Material Co Ltd is a China-based company specializing in the research and development (R&D), production and sales of electronic paste. The Company's main product is front-side silver paste for solar cells. The Company's front-side silver paste products include P-type monocrystalline PERC front-side silver paste, N-type cell silver paste, polycrystalline silicon cell front-side silver paste and others. The Company primarily operates its businesses in the domestic market.
Changzhou Fusion New Material Co., Ltd. acquired remaining 30.64% stake in Jiangsu Lianyin New Materials Co., Ltd. from Su Xianfeng, Feng Hua, Ma Yiming, Tao Chunguang, Wang Zhiqiang and Luo Zhong for CNY 53 million.