Victory Oilfield Chang’an Holdings Group Co., Ltd. won the bid to acquire Baomo Environmental Technology Co., Ltd. from Shandong Polymer Biochemicals Co., Ltd. for approximately CNY 120 million.
Victory Oilfield Chang’an Holdings Group Co., Ltd. won the bid to acquire Baomo (Beijing) Environmental Technology Co., Ltd. from Shandong Polymer Biochemicals Co., Ltd. (SZSE:002476) for approximately CNY 120 million on December 29, 2017. Victory Oilfield Chang’an Holdings Group Co., Ltd. plans to sign an agreement with Shandong Polymer Biochemicals Co., Ltd.