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Juhua Co.
Juhua Co.
, Ltd.
announced on the evening of September 18 that the company is planning to acquire a 20% stake in Zhejiang Petrochemical Co.
, Ltd.
held by Juhua Investment by issuing shares and paying cash .
At the same time, it plans to raise matching funds.
The transaction is expected to constitute a major asset reorganization and related transaction, and the transaction will not result in a change in the actual controller of the company.
The company stock since 9 Yue 21 date of suspension, expected duration of the suspension does not exceed 10 days.