Conch New Materials Announces Acquisition Plan: 80% Stake in Kangningte and Full Ownership of Engineering Company for RMB 186 Million - Chip

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Conch New Materials Announces Acquisition Plan: 80% Stake in Kangningte and Full Ownership of Engineering Company for RMB 186 Million

2 week ago / Read about 0 minute

Author：小编

Conch New Materials has unveiled plans to invest RMB 186 million to acquire an 80% equity stake in Kangningte and 100% equity in an Engineering Company. This strategic acquisition is designed to bolster the production capacity of SCR denitration catalysts, fortify the company's market position in the central region, expand its presence in the denitration engineering industry, and drive the high-quality growth of the catalyst sector.

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