Jiangsu Skyray Instrument Co., Ltd. completed the acquisition of an additional 60% stake in Ya'an Tianrui Water Co., Ltd. from Everbright Xinglong Trust.
January 09, 2020
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Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) agreed to acquire an additional 60% stake in Ya'an Tianrui Water Co., Ltd. from Everbright Xinglong Trust for CNY 60 million on December 6, 2019. This transaction was reviewed and approved by the fifteenth (interim) meeting of the fourth directorate of Jiangsu Skyray Instrument and does not need to be submitted to Jiangsu Skyray Instrument's shareholders meeting for review.
Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) completed the acquisition of an additional 60% stake in Ya'an Tianrui Water Co., Ltd. from Everbright Xinglong Trust on January 10, 2020.
Jiangsu Skyray Instrument Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of chemical analysis instruments, as well as the provision of technical services. The Company primarily provides spectrometers, chromatographs and mass spectrometers. The Company's products are mainly applied in environment protection, including toy security, halogen testing, petrochemical sulfur containing testing, soil and water pollution monitoring and food securities; industrial testing and analysis, including precious metal purity testing, cement industry quality controlling and metallurgy industry quality controlling, as well as environmental engineering and operations. The Company distributes its products primarily in East China and South China.
Jiangsu Skyray Instrument Co., Ltd. completed the acquisition of an additional 60% stake in Ya'an Tianrui Water Co., Ltd. from Everbright Xinglong Trust.