# Beijing Dayuan Nonwoven acquires JNC's subsidiary in Changshu

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.

- Type: Acquisition
- Announced: 2024-09-24
- Where: Changshu, Jiangsu, China
- Status: announced
- Products: nonwoven materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [JNC Corporation](https://endata.com/companies/20751.md) (target)
- [Beijing Dayuan Nonwoven Co., Ltd.](https://endata.com/companies/80094.md) (acquirer)
- [Jienzhi Nonwoven Materials (Changshu) Co., Ltd.](https://endata.com/companies/80095.md) (target)

## Sources

- [ctn1986.com](https://www.ctn1986.com/index.php?a=show&c=content&id=115395), 2024-09-27: "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。"

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