Shanghai Luxin Packing Materials Science & Technology Co., Ltd. cancelled the acquisition of assets of Shanghai Purlux Machinery Co., Ltd. from Shanghai Electric Printing and Packaging Machinery Group.
September 30, 2015 at 12:00 am EDT
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Shanghai Luxin Packing Materials Science & Technology Co., Ltd. (SZSE:002565) signed a listing bidder memorandum to acquire assets of Shanghai Purlux Machinery Co., Ltd. from Shanghai Electric Printing and Packaging Machinery Group for CNY 30.7 million on August 13, 2014. In a related deal, Shanghai Luxin Packing Materials Science & Technology Co., Ltd. will acquire Shanghai Shen Wei Da Machinery Co., Ltd. for CNY 11.4 million on August 13, 2014. On March 3, 2015, the transaction was approved by Board of Directors of Shanghai Mechanical & Electrical Industry Co., Ltd., ultimate of parent of Shanghai Shen Wei Da Machinery.
Shanghai Luxin Packing Materials Science & Technology Co., Ltd. (SZSE:002565) cancelled the acquisition of assets of Shanghai Purlux Machinery Co., Ltd. from Shanghai Electric Printing and Packaging Machinery Group in September 2015.
Shanghai Shunho New Materials Technology Co.,Ltd., formerly Shanghai Luxin Packing Materials Science & Technology Co., Ltd., is a China-based company principally engaged in the research, development, manufacture, processing and distribution of packaging products. The Company's main products include vacuum metalized papers, polypropylene fibers for cigarettes, as well as white cardboards and laminated papers. The Company is also involved in the provision of printing materials, hologram papers as well as optical anti-counterfeiting films, among others. The Company's products are applied in the packing of tobaccos, food, beverages, sports goods, liquors and others. In addition, the Company also engages in the research, manufacture and distribution of natural biological fertilizer and organic feed, as well as the development of network technology, among others. The Company distributes its products within domestic market and to overseas markets.
Shanghai Luxin Packing Materials Science & Technology Co., Ltd. cancelled the acquisition of assets of Shanghai Purlux Machinery Co., Ltd. from Shanghai Electric Printing and Packaging Machinery Group.
SHANGHAI SHUNHO NEW MATERIALS TECHNOLOGY CO.,LTD. 
