Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. from Jumbo Grand International Limited.
June 12, 2024
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Zheng Qingxiang signed a Share Transfer Agreement to acquire 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited for CNY 110 million on March 18, 2024.
Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. (SHSE:603398) from Jumbo Grand International Limited on June 13, 2024.
Jiangxi Mubang Hi-Tech Co Ltd is a China-based company mainly engaged in the production and sales of monocrystalline silicon rods and silicon wafers. The Company operates primarily through three segments. The Photovoltaic Business segment is mainly engaged in the research and development, production and sales of photovoltaic silicon wafers and silicon rods. The Company's main photovoltaic products include monocrystalline silicon rods, monocrystalline silicon wafers, polycrystalline silicon ingots, polycrystalline silicon wafers and cells. The Toy Business segment is mainly engaged in the production and sales of science series, programming robot series, city series, infant series and intellectual property (IP) authorized plastic building block toys. The Other segment is engaged in the production and sales of daily necessities and molds. The Company mainly conducts its businesses in domestic and overseas markets.
Zheng Qingxiang signed a Share Transfer Agreement completed the acquisition 5.07% stake in Mubang High-Tech Co.,Ltd. from Jumbo Grand International Limited.
MUBANG HIGH-TECH CO.,LTD. 
