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Guoji Jinggong to Acquire 19.4% Stake in Zhengzhou Xinya for Enhanced Profitability
2025-01-17 /
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Author：小编
Guoji Jinggong has announced its intention to acquire a 19.40% equity stake in Zhengzhou Xinya Composite Superhard Material Co., Ltd., currently held by Xinhe Investment, for a total cash consideration of RMB 40.3455 million. Upon successful completion of this transaction, Guoji Jinggong's shareholding ratio in Zhengzhou Xinya will rise to 69.46%. This strategic move is aimed at bolstering the company's profitability and further consolidating its position in the market.
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