Guangdong Jiayuan Technology Co., Ltd. completed the acquisition of 42% stake in Mei County Jinxiang Copper Foil Co., Ltd. from Guangdong Meiyan Jixiang Hydropower Co., Ltd..
October 16, 2014
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Guangdong Jiayuan Technology Co., Ltd. signed the share transfer contract to acquire 42% stake in Mei County Jinxiang Copper Foil Co., Ltd. from Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SHSE:600868) for CNY 73.6 million on October 7, 2014. As of December 31, 2013, Mei County Jinxiang Copper Foil had total assets of CNY 340.16 million, net assets of CNY 162.25 million, revenues of CNY 63.41 million and net loss of CNY 2.17 million. The transaction is approved by Board of Directors of Guangdong Meiyan Jixiang Hydropower on October 7, 2014.
Guangdong Jiayuan Technology Co., Ltd. completed the acquisition of 42% stake in Mei County Jinxiang Copper Foil Co., Ltd. from Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SHSE:600868) on October 17, 2014.
Guangdong Jiayuan Technology Co Ltd, formerly Guangdong JiaYuan Technology Shares Co Ltd, is a China-based company mainly engaged in the research, production and sales of all kinds of high-performance electrolytic copper foil for lithium-ion battery and electrolytic copper foil for printed circuit board (PCB). The Company's main products include supper thin copper foil for lithium-ion batteries, ultra-thin copper foil and electrolytic copper foil for PCB. The Company's products are mainly used in lithium-ion batteries, printed circuit boards and other fields. The Company operates its businesses mainly in the domestic market.
Guangdong Jiayuan Technology Co., Ltd. completed the acquisition of 42% stake in Mei County Jinxiang Copper Foil Co., Ltd. from Guangdong Meiyan Jixiang Hydropower Co., Ltd..
GUANGDONG JIAYUAN TECHNOLOGY CO.,LTD. 
