Lucky Film Company Limited completed the acquisition of Lucky Optoelectronics Materials Co., Ltd. from China Lucky Group Corporation.
December 20, 2023
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Lucky Film Company Limited (SHSE:600135) agreed to acquire Lucky Optoelectronics Materials Co., Ltd. from China Lucky Group Corporation for CNY 283 million on July 17, 2023. This has been approved by the board of directors of Lucky Film Company Limited (SHSE:600135) and China Lucky Group Corporation and is subject to the Shareholders? Approval of Lucky Film Company Limited. Lucky Optoelectronics Materials Co., Ltd. reported financial for the year ending December 31, 2022, total assets of CNY 274.57 million, net assets of CNY 212.92 million, operating revenue of CNY 226.38 million, and net profit of 37.86 million. As on December 8, 2023, Equity Transfer Agreement was signed.
Lucky Film Company Limited (SHSE:600135) completed the acquisition of Lucky Optoelectronics Materials Co., Ltd. from China Lucky Group Corporation on December 21, 2023.
Lucky Film Co Ltd is a China-based company principally engaged in the production and distribution of image information materials and new energy materials. The Company's main businesses include photovoltaic materials, lithium battery materials, medical materials, imaging materials and optoelectronic materials. The Companyâs main products include solar cell back sheets, lithium-ion battery separators, aluminum-plastic films, medical dry films, industrial flaw detection films, color photo papers, Triacetate Cellulose (TAC) films and other products. The Company distributes its products in domestic markets and to overseas markets.