# Zall Group shareholders approve acquisition of chemical and plastic raw materials e-commerce and supply chain business

Zall Group's shareholders voted to approve the acquisition of a 52.48% stake in HSH International for US$29.5 million. The target company operates Shanghai Susheng E-commerce and Shanghai Yinghao Supply Chain Management, which trade chemical and plastic raw materials and provide online platform services.

- Type: Acquisition
- Announced: 2018-03-05
- Where: Shanghai, China
- Value: $29.5M
- Status: announced
- Products: chemical and plastic raw materials, online platform services for chemical and plastic raw materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Zall Group](https://endata.com/companies/30476.md) (acquirer)
- [HSH International](https://endata.com/companies/30477.md) (target)
- [Shanghai Susheng E-commerce](https://endata.com/companies/30478.md) (target)
- [Shanghai Yinghao Supply Chain Management](https://endata.com/companies/30479.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/109773.html), 2018-03-05: "卓尔集团(02098)公布，股东特别大会通告所载的普通决议案，已于2018年3月5日举行的股东特别大会上获正式投票通过。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.