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In 2020, Plit has two major business highlights, one is LCP film materials for 5G, and the other is the acquisition of Dorsett Group to obtain the production capacity of UV absorber light stabilizers
.
Plitter announced on the evening of the 19th that the company signed a "Letter of Intent for Equity Transfer" with Chen Jianhua, a shareholder of Suqian Zhenxing Chemical Co.
, Ltd.
, on March 18
.
Zhenxing Chemical is a chemical enterprise engaged in the research, development, production and sales of light stabilizers and their intermediates in polymer material additives
.
Shanghai Pulit Composite Materials Co.
, Ltd.
(hereinafter referred to as Pulit) was formerly known as the Pulit Institute of Chemistry of Tongji University.
As a leading enterprise of modified plastics and light stabilizers, the company is located in Shanghai Jinshan, Zhejiang Jiaxing, and Chongqing Tongliang.
It has invested in the construction of three wholly-owned subsidiaries, including Shanghai Pulit Chemical New Materials (mainly liquid crystal polymer materials LCP) Co.
, Ltd.
, Zhejiang Pulit New Materials Co.
, Ltd.
and Chongqing Pulit New Materials Co.
, Ltd.
, which have been fully completed.
into production
.
For this transaction, Plitt said that the acquisition of Zhenxing Chemical is the company's special chemical industry sector, which will be further extended and developed after the reorganization of Dorsett Group
.
