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    Home > Chemicals Industry > Rubber Plastic News > CNNC Titanium intends to transfer shares of Wuxi Haopu

    CNNC Titanium intends to transfer shares of Wuxi Haopu

    • Last Update: 2022-08-24
    • Source: Internet
    • Author: User
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    On September 14, CNNC Huayuan Titanium Dioxide Co.
    , Ltd.
    announced that Anhui Venus Titanium Dioxide (Group) Co.
    , Ltd.
    , a wholly-owned subsidiary of the company, plans to transfer its wholly-owned subsidiary to Gu Haidong, Li Rongxin and Wan Cong for 126 million yuan.
    100% equity of the company Wuxi Haopu Titanium Industry Co.
    ,


    Ltd.


    It is understood that Wuxi Haopu was established on January 2, 2004.
    It is a wholly-owned subsidiary of CNNC Titanium Dioxide.
    Its main business is titanium dioxide, chemical raw materials and products


    .


    CNNC Titanium Dioxide said that after the completion of the equity transfer, Venus Titanium Dioxide will no longer hold any equity in Wuxi Haopu, and the funds obtained will be used to supplement the company's working capital, which will further optimize the company's asset structure and revitalize existing assets.
    To better promote the development of the company's main business and maximize the company's interests


    .


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