Zhang Feng signed Share Transfer Agreement to acquire 2% stake in Hubei Huitian New Materials Co., Ltd. from Qin Feng for approximately CNY 110 million.
November 14, 2021
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Zhang Feng signed Share Transfer Agreement to acquire 2% stake in Hubei Huitian New Materials Co., Ltd. (SZSE:300041) from Qin Feng for approximately CNY 110 million on November 15, 2021.
Hubei Huitian New Materials Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of adhesives and other new materials. The Company's main products include high-performance organic silicone, polyurethane adhesives, acrylic adhesives, anaerobic adhesives, epoxy adhesives and other engineering adhesives and solar cell back sheets. Its products are mainly used in the fields of automobile manufacturing and maintenance, electronic appliances, rail transportation, new energy, construction machinery and other fields. The Company is also involved in the provision of automotive brake fluids and other automotive maintenance chemicals.
Zhang Feng signed Share Transfer Agreement to acquire 2% stake in Hubei Huitian New Materials Co., Ltd. from Qin Feng for approximately CNY 110 million.
HUBEI HUITIAN NEW MATERIALS CO., LTD. 
