Tianjin Jinrong Investment Service Group Co., Ltd. completed the acquisition of 5.59% stake in Tian Jin Bohai Chemical Co.,Ltd. from TianJin Global Megcard Group Co., Ltd.
March 23, 2023
Share
Tianjin Jinrong Investment Service Group Co., Ltd. agreed to acquire 5.59% stake in Tian Jin Bohai Chemical Co.,Ltd. (SHSE:600800) from TianJin Global Megcard Group Co., Ltd. for approximately CNY 260 million on December 26, 2022. As per the transaction, Tianjin Jinrong Investment Service Group Co., Ltd. will acquire 66.3 million shares at CNY 3.89 per share. Tianjin Municipal People's Government State-owned Assets Supervision and Administration Commission approved this share transfer.
Tianjin Jinrong Investment Service Group Co., Ltd. completed the acquisition of 5.59% stake in Tian Jin Bohai Chemical Co.,Ltd. (SHSE:600800) from TianJin Global Megcard Group Co., Ltd. on March 23, 2023.
Tian Jin Bohai Chemical Co Ltd, formerly Tian Jin Global Magnetic Card Co Ltd, is a China-based company principally engaged in the manufacturing and sales of magnetic cards, smart card application systems and related equipment. The Company operates through magnetic card segment, printing segment and equipment segment. The Company's data card products include magnetic stripe cards and smart cards. The printed products include packaging and decorating products, publications and tickets. The smart card applications and related equipment products include city card management system and related equipment, cards and others. The Company is also engaged in modern petrochemical business, and its main products are propylene products. The Company mainly conducts its businesses in the domestic and to overseas markets.
Tianjin Jinrong Investment Service Group Co., Ltd. completed the acquisition of 5.59% stake in Tian Jin Bohai Chemical Co.,Ltd. from TianJin Global Megcard Group Co., Ltd.
TIAN JIN BOHAI CHEMICAL CO.,LTD. 