Jiangsu Huatai Ruilian M&A Fund (Limited Partnership), a fund managed by Sequoia Capital China and Huatai Ruilian Fund Management Co., Ltd., cancelled the acquisition of a 6.44% stake in Jiangsu Yoke Technology Co.,Ltd. from Shen Qi and Shen Fu.
December 14, 2017
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Jiangsu Huatai Ruilian M&A Fund (Limited Partnership), a fund managed by Sequoia Capital China and Huatai Ruilian Fund Management Co., Ltd., agreed to acquire a 6.44% stake in Jiangsu Yoke Technology Co.,Ltd. (SZSE:002409) from Shen Qi and Shen Fu for CNY 300 million on April 8, 2016. Under the terms of the transaction, Shen Qi will divest 5.6 million shares for CNY 156.3 million and Shen Fu will divest 5.1 million shares for CNY 143 million in Jiangsu Yoke.
Jiangsu Huatai Ruilian M&A Fund (Limited Partnership), a fund managed by Sequoia Capital China and Huatai Ruilian Fund Management Co., Ltd., cancelled the acquisition of a 6.44% stake in Jiangsu Yoke Technology Co.,Ltd. (SZSE:002409) from Shen Qi and Shen Fu on December 15, 2017.
Jiangsu Yoke Technology Co., Ltd is a China-based company principally engaged in the research, development, production and sale of organic phosphate flame retardants and other rubber and plastic aids. The Companyâs main products portfolio consists of flame retardants for engineering products, flame retardants for polyurethane and others. The Company's flame retardants are mainly applied in chemical materials, carpets, raincoats, textile products and rubber products. The Company also provides tin salts, silicon oil and amine products, silicone surfactant for polyurethane, as well as catalysts for polyurethane and others. The Company distributes its products in domestic markets and to overseas markets.
Jiangsu Huatai Ruilian M&A Fund (Limited Partnership), a fund managed by Sequoia Capital China and Huatai Ruilian Fund Management Co., Ltd., cancelled the acquisition of a 6.44% stake in Jiangsu Yoke Technology Co.,Ltd. from Shen Qi and Shen Fu.
JIANGSU YOKE TECHNOLOGY CO., LTD. 
