Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. completed the acquisition of Taizhou Wandekai Intelligent Equipment Technology Co., Ltd. from Zhong Xingfu and Chen Fangren.
September 03, 2023
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Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. (SZSE:301309) agreed to acquire Taizhou Wandekai Intelligent Equipment Technology Co., Ltd. from Zhong Xingfu and Chen Fangren for CNY 0.54 million on August 25, 2023. As of July 31, 2023, Taizhou Wandekai Intelligent Equipment Technology Co., Ltd. generated total assets of CNY 1.851 and net assets of CNY 0.54 million.
Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. (SZSE:301309) completed the acquisition of Taizhou Wandekai Intelligent Equipment Technology Co., Ltd. from Zhong Xingfu and Chen Fangren on September 4, 2023.
Zhejiang Wandekai Fluid Equipment Technology Co Ltd is a China-based company principally engaged in the research, development, production and sales of plumbing components and parts. The Companyâs main products are copper plumbing valves and pipe fittings, including ball valve, angle valve, globe valve, plug valve, gate valve, butterfly valve, and slide valve, among others. The Companyâs products are widely used in infrastructures in buildings such as water supply and drainage system, cold & hot water supply system, heating equipment, and sewage discharge system, among others. The Company mainly conducts businesses within the domestic market.