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Jieqiang Equipment has issued a notice (adjusted from "Announcement" for a more natural English fit, as "notice" is commonly used in corporate contexts to announce intentions or decisions) revealing its intention to acquire a 51% equity stake in Shandong Tanxun New Materials Co., Ltd. The acquisition will be executed through a cash payment of 46.9 million yuan. Shandong Tanxun New Materials Co., Ltd. is a specialized firm engaged in the research and development, production, and marketing of nanoscale carbon materials and associated products, with its flagship offering being carbon nanotube conductive paste. This strategic move, which follows extensive research and rigorous evaluation, is poised to enable Jieqiang Equipment to broaden its revenue streams and bolster its profitability.
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