Feilu Jiacheng Private Fund Management Co., Ltd., Zhuzhou Feilu High-Tech Materials Co., Ltd. and Sheng Lihua cancelled the acquisition of 10% stake in Hunan Zetian Zhihang Electronic Technology Co., Ltd. from Tang Xing.
April 21, 2022
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Feilu Jiacheng Private Fund Management Co., Ltd., Zhuzhou Feilu High-Tech Materials Co., Ltd. (SZSE:300665) and Sheng Lihua agreed to acquire 10% stake in Hunan Zetian Zhihang Electronic Technology Co., Ltd. from Tang Xing on June 17, 2021. In a related transaction Feilu Jiacheng Private Fund Management Co., Ltd., Zhuzhou Feilu High-Tech Materials Co., Ltd. and Sheng Lihua will carry out capital increase, increasing its registered capital from CNY 10 million to CNY 14.0625 million, and Feilu Jiacheng Private Fund Management Co., Ltd., Zhuzhou Feilu High-Tech Materials Co., Ltd. and Sheng Lihua will hold a total of 36% stake. The transaction has been approved by board of Zhuzhou Feilu High-Tech Materials.
Feilu Jiacheng Private Fund Management Co., Ltd., Zhuzhou Feilu High-Tech Materials Co., Ltd. (SZSE:300665) and Sheng Lihua cancelled the acquisition of 10% stake in Hunan Zetian Zhihang Electronic Technology Co., Ltd. from Tang Xing on April 22, 2022.
Zhuzhou Feilu High-tech Materials Co Ltd is a company mainly engaged in research, development, production and sales of anti-corrosion and protective materials. The Company operates three segments. The Product Sales Business segment is engaged in the production and sales of anti-corrosion materials, waterproof materials and floors, including oil-based anti-corrosion materials and water-based anti-corrosion materials, paints and coils. The products are mainly applied in the anticorrosion of rail transit equipment, waterproofing of rail transit engineering market and civil construction market. The Paint and Coating Integration segment focuses on designing anti-corrosion and protection schemes, developing customized materials and providing construction services. The Coating Construction segment is involved in providing supporting construction services to the clients who purchase the materials.
ZHUZHOU FEILU HIGH-TECH MATERIALS CO., LTD. 
