Beijing Comens New Materials Co.,Ltd. cancelled the agreement to acquire 3.7% stake in Beijing KeHua Micro-Electronic Material Co., Ltd. from Jiangsu Nanda Optoelectronic Materials Co.
January 03, 2020
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Beijing Comens New Materials Co.,Ltd. (SZSE:300200) signed equity transfer framework agreement to acquire 3.67% stake in Beijing Kehua Microelectronics Material Co., Ltd. from Jiangsu Nanda Optoelectronic Materials Co., Ltd. for CNY 19.98 million on January 4, 2019. The transaction will be funded by own funds of Beijing Comens New Materials. Upon completion of the transaction, Beijing Comens New Materials will hold a 3.67% stake in Beijing Kehua Microelectronics Material. The final implementation of the matters involved in the framework agreement will still need to be submitted to the Board of Directors for review and approval.
Beijing Comens New Materials Co.,Ltd. (SZSE:300200) cancelled the acquisition of 3.7% stake in Beijing KeHua Micro-Electronic Material Co., Ltd. from Jiangsu Nanda Optoelectronic Materials Co on January 4, 2020.
Beijing Comens New Materials Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of polyurethane adhesives. The Company's main products include composite polyurethane adhesives for plastic flexible packaging, ink binders, polyurethane adhesives for high-speed rail and composite adhesives for reflective materials. The Company's products are mainly used in packaging, printing, transportation, security, household appliances and building materials. The Company distributes its products in domestic market and to overseas markets.
Beijing Comens New Materials Co.,Ltd. cancelled the agreement to acquire 3.7% stake in Beijing KeHua Micro-Electronic Material Co., Ltd. from Jiangsu Nanda Optoelectronic Materials Co.
BEIJING COMENS NEW MATERIALS CO.,LTD. 
