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Xinlun Technology and Akron Polymer Systems will establish a joint venture, Julun Materials Technology (Shenzhen) Co., Ltd., with Xinlun investing 35 million yuan (70% stake) and Akron contributing proprietary technology valued at 15 million yuan (30% stake). Total planned investment is about 125 million yuan.
“新纶科技与阿克伦公司拟设立立合资公司聚纶材料科技(深圳)有限公司,上市公司拟以现金方式3500万元出资,占注册资本的70%;阿克伦公司拟以专有技术作价1500万元出资,占注册资本的30%。”chnfund.com
Summarized from public sources; check the original articles before acting on it.