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Zhejiang KAN Special Material to acquire Shenzhen Zhuoneng New Energy
On September 28, 2017, Zhejiang KAN Special Material Co., Ltd. announced a plan to make Shenzhen Zhuoneng New Energy Co., Ltd. its wholly-owned subsidiary by purchasing 97.86% shares in Shenzhen Zhuoneng New Energy at the cost of Chinese yuan (CNY) 2.72 billion. Zhejiang KAN Special Material, which currently produces....
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