Jiangsu Fenghui New Energy Development Co., Ltd. completed the acquisition of 6.81% stake in Suzhou Sunmun Technology Co., Ltd. from Lu Shiming.
December 21, 2023
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Jiangsu Fenghui New Energy Development Co., Ltd. signed a share transfer agreement to acquire 6.81% stake in Suzhou Sunmun Technology Co., Ltd. (SZSE:300522) from Lu Shiming for approximately CNY 260 million on December 14, 2023. Jiangsu Fenghui will pay CNY 11.80 per share as consideration. Completion is subject to approval by Shenzhen Stock Exchange.
Jiangsu Fenghui New Energy Development Co., Ltd. completed the acquisition of 6.81% stake in Suzhou Sunmun Technology Co., Ltd. (SZSE:300522) from Lu Shiming on December 22, 2023.
Suzhou Sunmun Technology Co Ltd is a China-based company principally engaged in the research, development, manufacture and distribution of colorant. The Companyâs products mainly include water based colorant, solvent based colorant, inks, tinting software, color chart, shakers, as well as tinting machines, among others. Its products are applied in the coloring areas like coatings, latex products, paper-making, leathers, textiles, fibers, as well as inks. The Company distributes its products in domestic market and to overseas markets.
SUZHOU SUNMUN TECHNOLOGY CO., LTD. 
