Sichuan Crun Co., Ltd completed the acquisition of remaining 25% stake in Jiangsu Oscen Hydraulic Technology Co., Ltd. from Jiangsu Oscen Hydraulic Technology Co., Ltd. and Qidong Honghu Industrial Design Service Department.for ¥13.8 million.
February 17, 2022
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Sichuan Crun Co., Ltd (SZSE:002272) agreed to acquire remaining 25% stake in Jiangsu Oscen Hydraulic Technology Co., Ltd. from Jiangsu Oscen Hydraulic Technology Co., Ltd. and Qidong Honghu Industrial Design Service Department for ¥13.8 million on December 24, 2021. Sichuan Crun Co. board of directors reviewed and approved the transaction. Sichuan Crun used self-financed funds for this transaction.
Sichuan Crun Co., Ltd (SZSE:002272) completed the acquisition of remaining 25% stake in Jiangsu Oscen Hydraulic Technology Co., Ltd. from Jiangsu Oscen Hydraulic Technology Co., Ltd. and Qidong Honghu Industrial Design Service Department on February 17, 2022.
Sichuan Crun Co., Ltd is a China-based company principally engaged in the research, development, production and sale of lubrication hydraulic equipment and related integrated systems, boiler components, as well as pressure vessels. The Company provides hydraulic equipment, lubricating systems, water cooling systems, hydraulic components, lubrication components, utility boilers, exhaust heat boilers, biomass boilers, blast furnace gas boilers, special boilers, utility boiler auxiliary engines and petrochemical vessels, among others, used in wind power, solar energy, building materials and cement, metallurgical mining, petrochemical engineering, engineering machinery, as well as light industry. The Company mainly operates its business in domestic markets.
SICHUAN CRUN CO., LTD 
