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Shenma announced on the evening of October 11 that it planned to purchase 372% of the shares of Nylon Chemical Company held by the controlling shareholder China Pingmei Shenma Group by issuing shares and paying ca.
Shenma .
Due to historical reasons, the related assets of the nylon 66 salt industry under the controlling shareholder China Pingmei Shenma Group failed to achieve an overall listing, resulting in a large connected transaction between Shenma and the controlling shareholder and its subsidiary Nylon Chemical Compa.
After that, on November 19, 2014, the extraordinary general meeting of Shenma .
Shenma .
The announcement shows that the Nylon Chemical Company, the target company of this transaction, ranks first in Asia and fourth in the world in terms of production capacity of nylon 66 salt, and has strong competitive advantages and profitabili.
Shenma said that through this transaction, it will help reduce related transactions, maintain the asset integrity of the listed company, and further improve the corporate governance level and operational independence of the listed compa.
However, Shenma shares also reminded that the administrative punishment of current executives may affect this transaction pl.
