Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) agreed to acquire Guangdong Modern Engineering Plastics Co., Ltd. from HDC Hyundai EP Co., Ltd. for CNY 97 million on September 18, 2023. Guangdong Modern Engineering Plastics Co., Ltd. reported total assets of CNY 58.14 million and net assets of CNY 57.26 million on March 31, 2023. Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) board of directors approved the transaction.