Wujiang Seedling Group Co., Ltd. cancelled the acquisition of 19.85% stake in SuZhou ShenYuan Bio-Tech Co.,Ltd from Great Chinasoft Technology Co.,Ltd..
December 23, 2020
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Wujiang Seedling Group Co., Ltd. signed a share transfer agreement to acquire 19.85% stake in SuZhou ShenYuan Bio-Tech Co.,Ltd from Great Chinasoft Technology Co.,Ltd. (SZSE:002453) on December 24, 2019. Under the terms, Wujiang Seedling Group Co., Ltd. will acquire 92.9 million shares of SuZhou ShenYuan Bio-Tech Co.,Ltd.
Wujiang Seedling Group Co., Ltd. cancelled the acquisition of 19.85% stake in SuZhou ShenYuan Bio-Tech Co.,Ltd from Great Chinasoft Technology Co.,Ltd. (SZSE:002453) on December 24, 2020.
Great Chinasoft Technology Co., Ltd, formerly Suzhou Tianma Specialty Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and distribution of fine chemical products. The Company primarily provides paper making chemicals, including paper making sizing agent, alkyl ketene dimmer (AKD) raw powders and AKD emulsion; pharmaceutical intermediates, including amino acid protective agents and protected amino acids series products, pesticide intermediates, as well as phosgene derivatives and others. It is also engaged in the provision of phosgene processing services, as well as supply chain management and software development and sales businesses. The Company conducts its businesses in both domestic and overseas markets.
Wujiang Seedling Group Co., Ltd. cancelled the acquisition of 19.85% stake in SuZhou ShenYuan Bio-Tech Co.,Ltd from Great Chinasoft Technology Co.,Ltd..