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Shuangjie Electric to Join Foshan Plastics Group's Share Issuance for Jinli Co. Acquisition
2025-04-30 /
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Author：小编
On April 29th, Shuangjie Electric and its controlled subsidiary, Jiexinyuan, entered into an agreement with Foshan Plastics Group, outlining plans to acquire all shares of Hebei Jinli New Energy Technology Co., Ltd. (Jinli Co.) held by Shuangjie Electric, both directly and indirectly, through Foshan Plastics Group's share issuance. The transaction is valued at 5.08 billion yuan. Currently, Shuangjie Electric and Jiexinyuan jointly own 3.86% of Jinli Co.'s shares. Upon completion of the transaction, these shares will be converted into shares of Foshan Plastics Group, enhancing Shuangjie Electric's asset liquidity and supporting the company's long-term growth strategy.
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