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Xingye Leather Technology Acquires Vietnam-Based Fuyuan Technology

MT NewswiresFeb 26 00:24 ET

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.

Gelonghui FinanceFeb 24 07:47 ET