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Oriental Yuhong, through its Brazilian subsidiary, agreed to acquire a 60% stake in Novakem Indústria Química Ltda. for approximately BRL 108 million (about CNY 144 million). The deal was signed on November 19, 2025.
“东方雨虹巴西拟以自有资金合计出资约1.08亿巴西雷亚尔收购交易对方持有的巴西Novakem Indústria Química Ltda.60%股权。”news.qq.com
Summarized from public sources; check the original articles before acting on it.