Mudanjiang Hengfeng Paper Co.,Ltd cancelled the acquisition of a 50.52% stake in Mudanjiang Hengfeng Thermal Power Co., Ltd.
March 12, 2021
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Mudanjiang Hengfeng Paper Co.,Ltd (SHSE:600356) agreed to acquire a 50.52% stake in Mudanjiang Hengfeng Thermal Power Co., Ltd. on March 12, 2020. The transaction is approved by the Board of Directors of Mudanjiang Hengfeng Paper. The transaction is approved by the shareholders of Mudanjiang Hengfeng Paper Co.,Ltd.
Mudanjiang Hengfeng Paper Co.,Ltd (SHSE:600356) cancelled the acquisition of a 50.52% stake in Mudanjiang Hengfeng Thermal Power Co., Ltd. on March 13, 2021.
MUDANJIANG HENGFENG PAPER CO., LTD is a China-based company principally engaged in the manufacture and distribution of paper, pulp and paper products. The Company's main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper, bible paper and others, as well as chopsticks wrapping paper, straw wrapping paper, high-energy alkaline battery separator paper, paper tea bags and other specialty industrial paper. The Company distributes its products within domestic market and to overseas markets.