Technology Jul 25, 2021 04:35 PM (GMT+8) · EqualOcean
Jinfa technology announced that the company plans to acquire the subscribed capital contribution right of Bora new materials of RMB 1.41 billion and increase the capital of Bora new materials by RMB 470 million. After the capital increase, Jinfa technology holds 51.09% of Bora new materials. Bora new material is the main body of investment, construction and implementation of 600000 T / a ABS and its supporting equipment project. This transaction is conducive to the company's entry into ABS and other upstream raw material industries.