Guangdong Guoli Sci and Tech Co., Ltd. and others agreed to acquire a 95% stake in Shandong Quanwei New Energy Technology Co., Ltd. from Jingbei Holding Group Co., Ltd.
December 30, 2022
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Guangdong Guoli Sci and Tech Co., Ltd. (SZSE:300716) and others agreed to acquire a 95% stake in Shandong Quanwei New Energy Technology Co., Ltd. from Jingbei (Hainan) Holding Group Co., Ltd. on November 30, 2022. Others include, Zaozhuang Yasheng Industrial Investment Partnership Enterprise (Limited Partnership), Zaozhuang Hongyun Information Technology Co., Ltd., Shanghai Ronggao Enterprise Management Center (Partnership Enterprise) and Xie Yunfei. Guangdong Guoli Sci and Tech Co., Ltd. will acquire 8% stake, Zaozhuang Yasheng Industrial Investment Partnership Enterprise (Limited Partnership) will acquire 23% stake, Zaozhuang Hongyun Information Technology Co., Ltd. will acquire 2% stake, Shanghai Ronggao Enterprise Management Center (Partnership Enterprise) will acquire 11% stake and Xie Yunfei will acquire 5% stake in handong Quanwei New Energy Technology Co., Ltd. Transaction has been approved by Shandong Yabo's board.
For the period August 31, 2022, Shandong Quanwei New Energy had CNY 236.82024256 million of total assets and CNY 23.2074114 million of net assets.
Guangdong Quanwei Technology Co Ltd, formerly Guangdong Guoli Science and Technology Co Ltd, is a company engaged in research and development, production and sales of polymer materials and polymer material products. The Companyâs main products are comprised of ethylene-vinyl acetate (EVA) copolymers, EVA environmentally friendly modified materials and related products, such as foamed ethylene-vinyl acetate copolymers, shoe materials and electronic accessory products; thermo plastic rubber (TPR) environmentally friendly modified materials and related products, such as TPR environmentally modified rubber pellets and shoe materials; modified engineering plastics, such as acrylonitrile-butadiene-styrene copolymer. The products are used in high-end sports and leisure shoe materials, sports equipment, electronic ancillary products and household appliances.
Guangdong Guoli Sci and Tech Co., Ltd. and others agreed to acquire a 95% stake in Shandong Quanwei New Energy Technology Co., Ltd. from Jingbei Holding Group Co., Ltd.
GUANGDONG QUANWEI TECHNOLOGY CO.,LTD. 
