Recent events
Recent events tied to this brand in public sources.
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2020
Kangda New Materials terminates acquisition of Jinghanyu stake
Kangda New Materials announced that it had decided to terminate its acquisition of a stake in Beijing Jinghanyu Electronic Engineering Technology and sign an equity repurchase agreement. The audited 2019 adjusted net profit of the target company did not meet the relevant requirement, triggering the repurchase condition.
2020
Kangda New Materials proposes acquiring a 40% stake in Shunjing Investment
Kangda New Materials announced a proposed joint acquisition with Beijing Junyao and Shanghai Chuming of all equity in Shunjing Investment for zero consideration. Kangda proposed to acquire 40% of Shunjing Investment.
2020
Kangda New Materials announces proposed acquisition of Shunjing Investment stake
Kangda New Materials announced that it plans to jointly acquire all of Shunjing Investment’s equity with Beijing Junyao and Shanghai Chuming. Kangda proposed to acquire a 40% stake for zero consideration.
2019
Kangda New Materials deputy general manager resigns
Shanghai Kangda Chemical New Materials Group Co., Ltd. received deputy general manager Tu Yongquan’s written resignation report on December 30, 2019; he applied to resign for personal reasons and would hold no company position afterward.
2019
Kangda New Materials completes first-stage acquisition of Jinghanyu stake
The report said Kangda New Materials had completed the first step of its transaction to acquire an 8.51% stake in Jinghanyu. The reported event date is not specified more precisely than the article’s 2019 year-end deal context.