Automotive, Technology Dec 30, 2021 04:38 PM (GMT+8) · EqualOcean
Cailian news agency, Dec. 30 - Feida Environmental Protection announced that on December 29, 2021, the company received the reply of Zhejiang SASAC on major asset restructuring of Zhejiang Feida Environmental Protection Technology Co., Ltd. by issuing shares to purchase assets and raising supporting funds issued by the state owned assets supervision and Administration Commission of Zhejiang Provincial People's government, In principle, fida environmental protection is approved to issue 152317067 shares to Hangzhou Iron and Steel Group Co., Ltd. to purchase 62.95% equity of Zhejiang Fuchun Ziguang environmental protection Co., Ltd. It is agreed that Feida environmental protection shall raise supporting funds, issue no more than 16422401 shares, and the total amount of supporting funds raised shall not exceed 821.8 million yuan.
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