Shanghai Dopont Industrial Co., Ltd. completed the acquisition of 6.58% stake in Yunnan Bowin Technology Industry Co.,Ltd from Baoshan Zhiyuan Education Investment Development Co., Ltd.
January 24, 2024
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Shanghai Dopont Industrial Co., Ltd. agreed to acquire 6.58% stake in Yunnan Bowin Technology Industry Co.,Ltd (SHSE:600883) from Baoshan Zhiyuan Education Investment Development Co., Ltd. for CNY130 million on December 31, 2023. This has been approved by Baoshan City People?s Government State-owned Assets Supervisory Administrative Commission and by the Shanghai Stock Exchange.
Shanghai Dopont Industrial Co., Ltd. completed the acquisition of 6.58% stake in Yunnan Bowin Technology Industry Co.,Ltd (SHSE:600883) from Baoshan Zhiyuan Education Investment Development Co., Ltd. on January 24, 2024.
Yunnan Bowin Technology Industry Co., Ltd. is a China-based company principally engaged in the production and sales of cement. The Company's cement products mainly include ordinary portland cement and composite portland cement. Its products are mainly used in the urban real estate development and rural civil markets, as well as the roads, water conservancy projects and other infrastructure projects. The Company mainly operates its business in Baoshan, Yunnan Province.
Shanghai Dopont Industrial Co., Ltd. completed the acquisition of 6.58% stake in Yunnan Bowin Technology Industry Co.,Ltd from Baoshan Zhiyuan Education Investment Development Co., Ltd.