Henan Hongsen Rongyuan Enterprise Management Partnership Enterprise (Limited Partnership) acquired 4.5% stake in Henan Senyuan Electric Co., Ltd from Henan Senyuan Group Co., Ltd
December 16, 2022
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Henan Hongsen Rongyuan Enterprise Management Partnership Enterprise (Limited Partnership) agree to acquire 4.5% stake in Henan Senyuan Electric Co., Ltd from Henan Senyuan Group Co., Ltd on December 16, 2022. Under the terms of transaction, Henan Hongsen Rongyuan acquired 42.2 million shares
Henan Hongsen Rongyuan Enterprise Management Partnership Enterprise (Limited Partnership) completed the acquisition of 4.5% stake in Henan Senyuan Electric Co., Ltd from Henan Senyuan Group Co., Ltd on December 16, 2022
Henan Senyuan Electric Co., Ltd. is a China-based company, principally engaged in the development, manufacture and distribution of high- and low-voltage complete sets of electric devices and series components of high-voltage electric devices. The Company also provides high- and low-voltage switch components, power quality control equipment and new energy products. The Company's products are applied in State Grid, new energy, rail transportation, petrochemical, building materials, municipal, medical and health and metallurgical areas, among others. The Company distributes its products mainly within domestic markets.