Jieqiang Equipment: Set to Acquire 51% Equity in Shandong Tanxun New Material Co., Ltd., a Key Player in Carbon Nanotube Conductive Paste
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Author:小编   

Jieqiang Equipment has revealed its intention to purchase a 51% equity stake in Shandong Tanxun New Material Co., Ltd., for a cash consideration of RMB 46.9 million. The company being acquired is a specialist in the research, development, manufacturing, and marketing of nanoscale carbon materials and associated products, with its flagship offering being carbon nanotube conductive paste. This strategic move by Jieqiang Equipment follows a comprehensive assessment of both the target firm and the nanoscale carbon materials industry. The goal is to bolster the company's revenue base and elevate its profitability levels.