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CHINA RISUN GP (01907.HK) to Acquire 14.5% Stake in BINHAI ENERGY (000695.SZ) for Over RMB570M
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CHINA RISUN GP (01907.HK) announced its strategic entry into the new energy battery materials industry by acquiring a total of 33.6 million shares of BINHAI ENERGY (000695.SZ) from Risun Holdings at RMB17 per share, with a total consideration of RMB571 million, which will be financed by internal resources. Upon completion, the company will become the single largest shareholder of BINHAI ENERGY, holding a 14.5% stake. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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