China Resources and Environment Co.,Ltd. completed the acquisition of 60% stake in Yunnan Julu Environmental Science & Technology Co. Ltd from Hubei Xingfeng Metal Resources Co., Ltd.
September 12, 2017
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China Resources and Environment Co.,Ltd. (SHSE:600217) agreed to acquire 60% stake in Yunnan Julu Environmental Science & Technology Co. Ltd from Hubei Xingfeng Metal Resources Co., Ltd. for CNY 28.8 million on August 11, 2017. The board of China Resources and Environment approved the transaction on August 11, 2018.
China Resources and Environment Co.,Ltd. (SHSE:600217) completed the acquisition of 60% stake in Yunnan Julu Environmental Science & Technology Co. Ltd from Hubei Xingfeng Metal Resources Co., Ltd. on September 13, 2017. China Resources and Environment Co.,Ltd. completed the equity transfer and registration modification procedures.
Zhongzai Resources and Environment Co., Ltd., formerly Shaanxi Qinling Cement (Group) Co., Ltd. is a China-based company principally engaged in the development, recycling, processing and sale of available resources. The Company is also involved in the wholesale of general merchandise, knitwear, daily groceries, furnitures, hardware, chemical products, construction materials, mineral products, as well as plastic products, among others. The Company mainly operates its business in domestic market.
China Resources and Environment Co.,Ltd. completed the acquisition of 60% stake in Yunnan Julu Environmental Science & Technology Co. Ltd from Hubei Xingfeng Metal Resources Co., Ltd.