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Xinlun Technology's Hong Kong subsidiary will acquire 45% of Akron Polymer Systems for $9.9 million, becoming the largest shareholder. The deal includes a joint venture to form a polymer materials technology incubation platform in Shenzhen.
“新纶科技子公司香港新纶拟通过受让阿克伦公司相关股东持有的45%的股份的方式来实施此次交易,交易双方约定该等45%股票的购买价格为990万美元。”chnfund.com
Summarized from public sources; check the original articles before acting on it.