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Tianjin Zhonghuan Semiconductor Co Ltd's Subsidiary to Acquire Shares in Inner Mongolia-based Company from Shanghai Aerospace Automobile Electromechanical Co Ltd


Tuesday, 19 Mar 2013 08:00pm EDT 

Tianjin Zhonghuan Semiconductor Co Ltd announced that its wholly owned Tianjin-based subsidiary will acquire a 20% stake in an Inner Mongolia-based company, which is engaged in photovoltaic material business, from Shanghai Aerospace Automobile Electromechanical Co Ltd, for RMB 84,867,200 at most. Therefore, Inner Mongolia-based company will become a wholly owned subsidiary of the Company‚Äôs subsidiary. 

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