Zhou Shijie completed the acquisition of an additional 6.88% stake in Jiangsu Huahong Technology Co., Ltd. from Zhou Jingcheng.
March 06, 2024
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Zhou Shijie signed Equity Transfer Agreement to acquire an additional 6.88% stake in Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) from Zhou Jingcheng on December 25, 2023.
Zhou Shijie completed the acquisition of an additional 6.88% stake in Jiangsu Huahong Technology Co., Ltd. (SZSE:002645) from Zhou Jingcheng on March 6, 2024
Jiangsu Huahong Technology Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of renewable resources equipment. The Company operates its businesses through two segments. The Renewable Resources segment mainly provides metal packaging equipment, metal shearing equipment, scrap crushing production lines and other metal renewable resources processing equipment, while the Renewable Resources segment is also engaged in the processing and recycling of renewable resources. The Elevator Components segment mainly provides elevator signal systems, door systems and other elevator components. The Company distributes its products in the domestic market and to overseas markets.