Cui Hao signed the share transfer agreement to acquire 5.17% stake in GCH Technology Co., Ltd. from Shanghai Kehui Investment Management Co., Ltd. for approximately CNY 190 million.
March 15, 2024
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Cui Hao signed the share transfer agreement to acquire 5.17% stake in GCH Technology Co., Ltd. (SHSE:688625) from Shanghai Kehui Investment Management Co., Ltd. for approximately CNY 190 million on March 15, 2024. The transaction shall be paid in cash.This transaction still requires the compliance confirmation of the Shanghai Stock Exchange.
GCH Technology Co Ltd is a China-based company mainly engaged in the manufacture of polymer material additives. The Company's main products nucleating agents, synthetic hydrotalcite and compound additives are key materials for the manufacture of high-performance resins and are at the upstream of the high-performance resin and modified plastics manufacturing industry. The Company's products can improve the general resin products of optical, mechanical properties and to improve the stability of resin products, made of high performance resin products can meet the food packaging contact materials, medical equipment, pharmaceutical packaging, infants and young children, auto parts, lithium battery materials, household appliances household items, lithium batteries, such as building materials like industry safety and environmental requirements.
Cui Hao signed the share transfer agreement to acquire 5.17% stake in GCH Technology Co., Ltd. from Shanghai Kehui Investment Management Co., Ltd. for approximately CNY 190 million.
GCH TECHNOLOGY CO., LTD. 
