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DKE Co., Ltd. Aims to Acquire 60% Stake in Zhejiang Suote for 696 Million Yuan
2025-05-23 /
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Author：小编
DKE Co., Ltd. has announced its intention to acquire a 60% stake in Zhejiang Suote for a sum of 696 million yuan. Upon successful completion of this transaction, DKE will assume control over the Solamet® photovoltaic silver paste business, previously owned by the DuPont Group. Additionally, the company's major shareholder, Shi Weili, has guaranteed that Zhejiang Suote will achieve a cumulative net profit of 287 million yuan from 2025 to 2027. Should this target not be met, appropriate compensation will be provided. Notably, this acquisition is classified as a related-party transaction and does not constitute a significant asset restructuring. Consequently, it necessitates the approval of the shareholders' meeting prior to its execution.
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