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Xingye Leather Technology Acquires Vietnam-Based Fuyuan Technology
Xingye Leather Technology (002674.SZ): Xingye Investment International plans to acquire 100% equity of Fuyuan Technology and increase its investment.
Gelonghui reported on February 24 that Xingye Leather Technology (002674.SZ) announced that its wholly-owned subsidiary, Xingye Investment International Limited (registered in: Hong Kong, referred to as "Xingye Investment International"), plans to acquire 100% equity of Fuyuan Technology Co., Ltd. (registered in: Vietnam, referred to as "symbol company" or "Fuyuan Technology") for 1.5 million US dollars, and to increase its capital by 50 million yuan to Fuyuan Technology.
Xingye Leather Technology Co., Ltd.'s (SZSE:002674) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥377m Last Week