Shenma Co., Ltd. (600810.SH) issued an announcement to further expand the company in order to enter the field of nylon 66 high-end civilian wire...
Zhitong Finance App News, Shenma Co., Ltd. (600810.SH) announced that in order to enter the field of nylon 66 high-end civilian wire and further expand the company's nylon industry value chain, the company plans to carry out a package of commercial cooperation with Nilit B.V., and its subsidiary Nilit China Investment B.V., which includes a joint venture to establish a production company and trading company in Pingdingshan, Henan, and the acquisition of Yili Nylon Technology (Suzhou) Co., Ltd. (“Yili Nylon”), which owns 25% of the shares of Yili (Suzhou) Engineering Plastics Technology Co., Ltd. (“Yili Plastics” for short) has 25% of its shares and increased its capital to Yili Nylon after completing the share acquisition.