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Dongcai Technology intends to acquire Shengtong Optical Technology to expand the production capacity of optical grade polyester base film

 Last Update: 2022-08-22
 Source: Internet
 Author: User

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Yesterday, Dongcai Technology announced that on January 7, the chairman of the company participated in the competitive negotiation of Shandong Shengtong Optical Materials Technology Co.

According to the announcement, the assets to be purchased in this competitive negotiation are the 100% equity of Shengtong Optical held by Shengtong Group and the main assets of Shengtong Optical: inventory, intangible assets (land, patents and know-how), Fixed assets (buildings, structures and others, machinery and equipment, vehicles, electronic equipment); accounts receivable, prepaid accounts, other receivables and all liabilities are fully stripped

Dongcai Technology said that the special polyester film project with an annual output of 15,000 tons invested and constructed by the company with its own funds is currently in the stage of commissioning; The membrane project will be commissioned and put into production in 2021

In addition, in view of the high degree of compatibility between the company and Shengtong Optics in the field of optical base film, after the acquisition of Shengtong Optics, it can quickly integrate market advantages and resources, and form complementary advantages in brand and technology with Shengtong Optics, and quickly occupy the optical base.

According to the announcement, Shengtong Optical Co.

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