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ZYNP to acquire 59% stake in GKN Zhongyuan
ZYNP Corp. (ZYNP) plans to sign a stake transfer agreement with GKN Industries Limited to acquire a 59% stake in GKN Zhongyuan Cylinder Liner Co., Ltd. (GKN Zhongyuan), a joint venture between them, for CNY 143,412,000. Upon completion of the acquisition, GKN Zhongyuan will become a ZYNP wholly-owned subsidiary and b....
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