Anshan Hifichem (300758.SZ) intends to acquire 12% equity of Tiancai Materials for 16.8 million yuan.
Rainbow Chemical (300758.SZ) announced that the company plans to acquire 12.00% equity of Liaoning Tiancai Materials Co., Ltd. ("Tiancai Materials") held by Wang Zhiyuan with its own funds of RMB 16.8 million. After the completion of this transaction, Rainbow Material will hold 72.00% equity of Tiancai Materials. The new materials project of Tiancai Materials has currently entered the production stage.
Anshan Hifichem (300758.SZ) announced that the company plans to use its own funds of 16.8 million yuan to acquire a 12.00% stake in Liaoning Tiancai Materials Co., Ltd. (referred to as "Tiancai Materials") held by Wang Zhiyuan. After the completion of this transaction, Seven Color Materials will hold a 72.00% stake in Tiancai Materials. The Tiancai Materials new material project is currently in the production stage.
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