Guanghua Weiye acquires 51.265% stake in Hengtian Yangtze Biomaterials

Shenzhen Guanghua Weiye Co., Ltd. signed an equity transaction contract to acquire 51.265% equity and related debt of Hengtian Yangtze Biomaterials Co., Ltd. from Hengtian Fiber Group. The transaction amount is RMB 52,245,332.52, with the equity price at 0.0001 yuan and the debt price at 52,245,331.52 yuan.

“This external investment is based on the company's business development plan and realizes the company's strategic layout.”51dmapa.com

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• 51dmapa.comthe property transaction contract has been signed! guanghua weiye will control hengtian yangtze biotechnology to promote the research and development and production of polylactic acid fiber_MorpholineDec 21, 2023

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