Performance has fluctuated greatly in recent years
Posted: Mon Feb 17, 2025 10:25 am
Looking back at the ins and outs of this acquisition, on December last year, Hangzhou HiTech announced that the company intended to acquire of the shares of Sun HiTech held by Hangzhou Ruixin Cable Materials Partnership referred to as "Hangzhou Ruixin" by paying cash for assets, and Fujian Shanghang Sun Copper Co., Ltd. referred to as "Sun Copper", which holds of the shares of Sun HiTech, also agreed to give up its right of first refusal to equity.
If the transaction is successfully completed, Sun HiTech will once nigeria phone number list again become a whollyowned subsidiary of Hangzhou HiTech.
In the announcement released on the th, Hangzhou HiTech clearly explained the reasons for the acquisition. As a limited liability company focusing on the research and development, production and sales of polymer rubber and plastic materials, Sun HiTech 's business shows a high degree of synergy with Hangzhou HiTech's main business. Once this transaction is successfully completed, it will greatly help the company improve its overall competitiveness and truly be in the interests of the company and all shareholders.
Public information shows that Hangzhou HiTech Materials Technology Co., Ltd. was established in and successfully listed on the Shenzhen Stock Exchange Growth Enterprise Market in . The company focuses on the research and development, production and sales of polymer rubber and plastic materials for cables. Its products are widely used in many fields such as G, military industry, marine engineering, electric power, new energy, rail transit, etc.
If the transaction is successfully completed, Sun HiTech will once nigeria phone number list again become a whollyowned subsidiary of Hangzhou HiTech.
In the announcement released on the th, Hangzhou HiTech clearly explained the reasons for the acquisition. As a limited liability company focusing on the research and development, production and sales of polymer rubber and plastic materials, Sun HiTech 's business shows a high degree of synergy with Hangzhou HiTech's main business. Once this transaction is successfully completed, it will greatly help the company improve its overall competitiveness and truly be in the interests of the company and all shareholders.
Public information shows that Hangzhou HiTech Materials Technology Co., Ltd. was established in and successfully listed on the Shenzhen Stock Exchange Growth Enterprise Market in . The company focuses on the research and development, production and sales of polymer rubber and plastic materials for cables. Its products are widely used in many fields such as G, military industry, marine engineering, electric power, new energy, rail transit, etc.