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Beijing Dayuan Nonwoven Co., Ltd. has signed a share transfer contract to acquire all equity of JNC's wholly-owned subsidiary, Jienzhi Nonwoven Materials (Changshu) Co., Ltd., for an undisclosed amount. The acquisition will expand Dayuan's production base and capacity in nonwoven materials.
“北京大源发布公告,宣布与日本JNC株式会社签署《股权转让合同》,收购其全资子公司捷恩智无纺材料(常熟)有限公司全部股权。”ctn1986.com
Summarized from public sources; check the original articles before acting on it.