Jiangsu Zhongli Group Co.,Ltd completed the acquisition of a 5.27% stake in Qinghai Zhongli Optical Fiber Technology Co., Ltd. from CDB Development Fund Ltd.
December 31, 2021
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Jiangsu Zhongli Group Co.,Ltd (SZSE:002309) agreed to acquire 5.27% stake in Qinghai Zhongli Optical Fiber Technology Co., Ltd. from CDB Development Fund Ltd. for CNY 44 million on December 27, 2019. On December 27, 2019, Jiangsu Zhongli Group Co.,Ltd (SZSE:002309) has paid CNY 26.4 million to purchase 3.16% stake in Qinghai Zhongli Optical Fiber Technology Co., Ltd. Jiangsu Zhongli Group Co.,Ltd (SZSE:002309) will purchase 2.11% stake in December 2021.
Jiangsu Zhongli Group Co.,Ltd (SZSE:002309) completed the acquisition of a 5.27% stake in Qinghai Zhongli Optical Fiber Technology Co., Ltd. from CDB Development Fund Ltd. on December 31, 2021.
Jiangsu Zhongli Group Co Ltd, formerly Zhongli Science And Technology Group Co.,Ltd, is a China-based company principally engaged in the manufacture and sale of cables and optical cables, as well as the development and operation of photovoltaic power stations. The Company's main products include flame retardant and fire resistant flexible cables, metal conductors, cable compounds, optical cables and other cables, marine cables, photovoltaic solar cells and modules, and optical wands and optical fibers, among others. The Company distributes its products in domestic market and to overseas markets.
Jiangsu Zhongli Group Co.,Ltd completed the acquisition of a 5.27% stake in Qinghai Zhongli Optical Fiber Technology Co., Ltd. from CDB Development Fund Ltd.
JIANGSU ZHONGLI GROUP CO.,LTD 
