Wo Zhemin completed the acquisition of 5.4% stake in Hangzhou Flariant Co., Ltd. from Hangzhou Weiyu Investment Management Partnership Enterprise (L.P.), managed by Shaoxing Huaxia Lingtou Investment Management Co., Ltd.
May 05, 2023
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Wo Zhemin signed share transfer agreement to acquire 5.4% stake in Hangzhou Flariant Co., Ltd. (SHSE:605566) from Hangzhou Weiyu Investment Management Partnership Enterprise (L.P.), managed by Shaoxing Huaxia Lingtou Investment Management Co., Ltd., on October 31, 2022. As per the transaction, Wo Zhemin will acquire 7,196,883 shares for CNY 22.21 per share.
Wo Zhemin completed the acquisition of 5.4% stake in Hangzhou Flariant Co., Ltd. (SHSE:605566) from Hangzhou Weiyu Investment Management Partnership Enterprise (L.P.), managed by Shaoxing Huaxia Lingtou Investment Management Co., Ltd., on May 5, 2023.
Hangzhou Flariant Co Ltd is a China-based company mainly engaged in printing, dyeing and textile business. The Company's main business is the research and development, production and sales of disperse dyes and their filter cakes. The Company's products are disperse dyes with high washing, high light fastness, environmentally friendly dyes, conventional dyes and filter cakes. The Company's products are mainly used for the dyeing of polyester and its blended fabrics.
Wo Zhemin completed the acquisition of 5.4% stake in Hangzhou Flariant Co., Ltd. from Hangzhou Weiyu Investment Management Partnership Enterprise (L.P.), managed by Shaoxing Huaxia Lingtou Investment Management Co., Ltd.