Wuxi Jiuchang Cold and Heat Exchange Equipment Co., Ltd. completed the acquisition of 45.11% stake in Jiangsu Gold Energy and Environmental Engineering Co., Ltd. from Nitchitsu Co., Ltd..
July 22, 2022
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Wuxi Jiuchang Cold and Heat Exchange Equipment Co., Ltd. agreed to acquire 45.11% stake in Jiangsu Gold Energy and Environmental Engineering Co., Ltd. from Nitchitsu Co., Ltd. (TSE:7021) for CNY 22.915 million on June 24, 2022.
Wuxi Jiuchang Cold and Heat Exchange Equipment Co., Ltd. completed the acquisition of 45.11% stake in Jiangsu Gold Energy and Environmental Engineering Co., Ltd. from Nitchitsu Co., Ltd. (TSE:7021) on July 22, 2022.
NITCHITSU CO.,LTD. is a Japan-based company primarily engaged in the machinery-related business. The Company operates in four business segments. The Machinery-related segment is engaged in the manufacture and sale of marine equipment and industrial equipment, the installation and sale of mechanized equipment, as well as the manufacture and sale of air preheaters and elements of air preheater. The Resource-related segment is engaged in the mining, processing and sale of crystalline limestone, the manufacture and sale of purified silica powders, the purchase and sale of siliceous sandstone, crushed stone, sand and gravel. The Real Estate-related segment is engaged in the leasing of office buildings. The Materials-related segment is engaged in the manufacture and sale of heat-resistant paints, and purchase, processing and sale of Linatex which is a high-purity natural rubber.
Wuxi Jiuchang Cold and Heat Exchange Equipment Co., Ltd. completed the acquisition of 45.11% stake in Jiangsu Gold Energy and Environmental Engineering Co., Ltd. from Nitchitsu Co., Ltd..
NITCHITSU CO., LTD. 
