Chern Feng Engineering Tech Co., Ltd completed the acquisition of Junezhe Co.,Ltd. from Shinfox Energy Co., Ltd..
December 26, 2022
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Chern Feng Engineering Tech Co., Ltd entered into an agreement to acquire Junezhe Co.,Ltd. from Shinfox Energy Co., Ltd. (TWSE:6806) for TWD 77 million on December 23, 2022.
Chern Feng Engineering Tech Co., Ltd completed the acquisition of Junezhe Co.,Ltd. from Shinfox Energy Co., Ltd. (TWSE:6806) on December 27, 2022. As part of the transaction, Chern Feng Engineering acquired cash of TWD 11.8 million.
Shinfox Energy Co Ltd is a Taiwan-based company mainly engaged in the provision of energy-related engineering services. The Company provides construction of renewable energy power plants, mechanical and electrical engineering, energy-saving services and equipment installation and other related turnkey projects. Engineering services include feasibility study and planning, engineering design, equipment supply, equipment production, engineering construction, construction supervision, and commissioning. Technical services include the evaluation and planning of the use of energy-saving lamps, frequency conversion technology, network monitoring, and contract power consumption, and the provision of energy-saving and emission-reduction technical services for shopping malls and department stores. The electricity sales service is to supply the produced electricity to various electricity needs, including industrial electricity and residential electricity.
SHINFOX ENERGY CO., LTD. 
