Nuode Investment Co.,Ltd cancelled the acquisition of Fujian Clear View Investment Co., Ltd. from Ganzhou Qingke Information Technology Center (Limited Partnership) and Chen Shiye.
April 15, 2021
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Nuode Investment Co.,Ltd (SHSE:600110) signed equity transfer contract to acquire Fujian Clear View Investment Co., Ltd. from Ganzhou Qingke Information Technology Center (Limited Partnership) and Chen Shiye for approximately CNY 230 million on April 16, 2020. Consideration will be paid in different stages of the transaction. For the year ended December 31, 2020, Fujian Clear View Investment Co., Ltd. has total assets of CNY 62.6 million, net assets of CNY 43.2 million, nil revenues and net profit of CNY 12.2 million. The transaction plan has been approved at the 24th meeting of the 9th meeting of the directorate of Nuode Investment Co.,Ltd on April 20, 2020. On May 6, 2020, the shareholders of Nuode Investment Co., Ltd. rejected the transaction.
Nuode Investment Co.,Ltd (SHSE:600110) cancelled the acquisition of Fujian Clear View Investment Co., Ltd. from Ganzhou Qingke Information Technology Center (Limited Partnership) and Chen Shiye on April 16, 2021.
Nuode New Materials Co Ltd, formerly Nuode Investment Co Ltd, is a China-based company mainly engaged in the research, development, manufacturing, and sales of electrolytic copper foil. The Companyâs products are mainly used in lithium battery manufacturing. The Company is also involved in other businesses such as manufacturing of wire & cable and auxiliary parts, as well material trading. The Company mainly conducts businesses within the domestic market.
Nuode Investment Co.,Ltd cancelled the acquisition of Fujian Clear View Investment Co., Ltd. from Ganzhou Qingke Information Technology Center (Limited Partnership) and Chen Shiye.
NUODE NEW MATERIALS CO.,LTD. 
