Chengdu Xingrong Environment Co., Ltd. completed the acquisition of Dongying Motianmo Environmental Technology Co., Ltd. from Tianjin MOTIMO Membrane Technology Co.,Ltd and Shandong Delian Environmental Protection Technology Co., Ltd.
March 20, 2023
Share
Chengdu Xingrong Environment Co., Ltd. (SZSE:000598) agreed to acquire Dongying Motianmo Environmental Technology Co., Ltd. from Tianjin MOTIMO Membrane Technology Co.,Ltd (SZSE:300334) and Shandong Delian Environmental Protection Technology Co., Ltd for CNY 112.5 million on January 13, 2023. For the year ended, Dongying Motianmo Environmental Technology Co., Ltd. total asset is CNY 128.48 million and net asset is CNY 112.02 million. The transaction was approved by Chengdu Xingrong Environment Co., Ltd. 30th session of the 9th directorate. This still needs to be approved by Tianjin MOTIMO Membrane Technology Co.,Ltd.'s shareholders' meeting. Tianjin MOTIMO Membrane Technology Co.,Ltd (SZSE:300334) has sold 19.0476% stake in Dongying Motianmo Environmental Technology Co., Ltd. on March 9, 2023.
Chengdu Xingrong Environment Co., Ltd. (SZSE:000598) completed the acquisition of Dongying Motianmo Environmental Technology Co., Ltd. from Tianjin MOTIMO Membrane Technology Co.,Ltd (SZSE:300334) and Shandong Delian Environmental Protection Technology Co., Ltd on March 21, 2023.
Tianjin Motimo Membrane Technology Co Ltd is primarily engaged in the research, development, manufacture and sale of ultrafiltration membrane, micro membrane and membrane module, as well as the provision of membrane water resource solutions. The Company provides hollow fiber column membrane, curtain-style ultrafiltration membrane, micro-membrane and membrane module, as well as membrane water resource solutions, including continuous membrane filtration (CMF), submerged membrane filter (SMF) and embrane bioreactor (MBR). The Company also provides membrane replacement services, membrane engineering solutions, and sewage treatment technical services. The Company mainly conducts businesses within the domestic market.
TIANJIN MOTIMO MEMBRANE TECHNOLOGY CO.,LTD 
