Shenzhen-listed Malion New Materials has signed an investment agreement with Shenzhen Huana New Materials and several other investors to increase investment in Shenzhen Huana New Materials.
According to its announcement, the capital increase will total CNY 45 million ($6.68m) and Malion New Materials will invest CNY 14m. After this round of capital increases, Malion New Materials will hold 7% of Shenzhen Huana New Materials.
Shenzhen Huana Ne…
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