Ningbo Shanshan Co.,Ltd. acquired 15% stake in Shanjin Optoelectronics Co., Ltd. from LG Chem, Ltd. for $200 million.
October 13, 2023
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Ningbo Shanshan Co.,Ltd. (SHSE:600884) acquired 15% stake in Shanjin Optoelectronics (Suzhou) Co., Ltd. from LG Chem, Ltd. (KOSE:A051910) for $200 million on October 13, 2023.
Ningbo Shanshan Co.,Ltd. (SHSE:600884) completed the acquisition of 15% stake in Shanjin Optoelectronics (Suzhou) Co., Ltd. from LG Chem, Ltd. (KOSE:A051910) for $200 million on October 13, 2023.
Ningbo Shanshan Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers and lithium battery materials. The Company mainly conducts its businesses through nine segments. The Polarizer segment is mainly engaged in the research and development, production and sales of polarizers. The Cathode Material segment provides lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate and lithium manganate. The Anode Materials segment provides artificial graphite, natural graphite, and silicon-based anodes. The Electrolyte Materials segment provides electrolytes and lithium hexafluorophosphate. The Lithium Salt Materials segment provides lithium salts. The New Energy Vehicle segment provides charging services. The Energy Management segment is mainly engaged in material sales, photovoltaic power generation and other businesses. The Company also provides business through Investment segment and Other segment.
NINGBO SHANSHAN CO.,LTD. 
