Suzhou Industrial Park Chaolai Xinhuo Enterprise Management Partnership (Limited Partnership) and Suzhou Feiteng No. 2 Information Consulting Partnership (Limited Partnership) agreed to acquire 29.5% stake in Suzhou Enteng Semiconductor Technology Co., Ltd. from Zhuzhou Feilu High-Tech Materials Co., Ltd., Changsha Feilu Jiacheng Semiconductor Private Equity Investment Fund Partnership (Limited Partnership), Liu Desheng and Yu Jiaxing for CNY 28.8 million
November 22, 2022
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Suzhou Industrial Park Chaolai Xinhuo Enterprise Management Partnership (Limited Partnership) and Suzhou Feiteng No. 2 Information Consulting Partnership (Limited Partnership) agreed to acquire 29.5% stake in Suzhou Enteng Semiconductor Technology Co., Ltd. from Zhuzhou Feilu High-Tech Materials Co., Ltd., Changsha Feilu Jiacheng Semiconductor Private Equity Investment Fund Partnership (Limited Partnership), Liu Desheng and Yu Jiaxing for CNY 28.8 million on November 21, 2022. Suzhou Industrial Park Chaolai Xinhuo Enterprise Management Partnership (Limited Partnership) will acquire 25% stake and Suzhou Feiteng No.
2 Information Consulting Partnership (Limited Partnership) will acquire 4.5% stake in Suzhou Enteng Semiconductor Technology. The board of directors of Zhuzhou Feilu High-Tech Materials approved the transaction. Suzhou Enteng Semiconductor Technology recorded total assets of CNY 27.2 million and net assets of CNY 23.3 million as of October 31, 2022.
Zhuzhou Feilu High-tech Materials Co Ltd is a company mainly engaged in research, development, production and sales of anti-corrosion and protective materials. The Company operates three segments. The Product Sales Business segment is engaged in the production and sales of anti-corrosion materials, waterproof materials and floors, including oil-based anti-corrosion materials and water-based anti-corrosion materials, paints and coils. The products are mainly applied in the anticorrosion of rail transit equipment, waterproofing of rail transit engineering market and civil construction market. The Paint and Coating Integration segment focuses on designing anti-corrosion and protection schemes, developing customized materials and providing construction services. The Coating Construction segment is involved in providing supporting construction services to the clients who purchase the materials.
ZHUZHOU FEILU HIGH-TECH MATERIALS CO., LTD. 