Anhui Jiangnan Chemical Industry Co., Ltd. cancelled the acquisition of Zhejiang Xinlian Explosive Equipment Co., Ltd. from Zhejiang Machinery and Electrical Group Co., Ltd. and Wuchan Zhongda Group Co.,Ltd..
June 13, 2020
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Anhui Jiangnan Chemical Industry Co., Ltd. (SZSE:002226) signed an asset restructuring framework agreement to acquire Zhejiang Xinlian Explosive Equipment Co., Ltd. from Zhejiang Machinery and Electrical Group Co., Ltd. and Wuchan Zhongda Group Co.,Ltd. (SHSE:600704) on June 14, 2019.
Anhui Jiangnan Chemical Industry Co., Ltd. (SZSE:002226) cancelled the acquisition of Zhejiang Xinlian Explosive Equipment Co., Ltd. from Zhejiang Machinery and Electrical Group Co., Ltd. and Wuchan Zhongda Group Co.,Ltd. (SHSE:600704) on June 14, 2020.
Wuchan Zhongda Group Co., Ltd., formerly ZHEJIANG MATERIAL INDUSTRIAL ZHONGDA YUANTONG GROUP CO., LTD., is principally engaged in automobile business, real estate business, international trading business, mechanical and electrical business, as well as financial business. The Company operates its businesses mainly through the sale of automobiles, future business, the development of residential and commercial buildings, the trading of apparels, textile products, mechanical and electrical products.
Anhui Jiangnan Chemical Industry Co., Ltd. cancelled the acquisition of Zhejiang Xinlian Explosive Equipment Co., Ltd. from Zhejiang Machinery and Electrical Group Co., Ltd. and Wuchan Zhongda Group Co.,Ltd..
WUCHAN ZHONGDA GROUP CO.,LTD. 
