Shandong Lipeng Co Ltd to Acquire Equity Shares

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Shandong Lipeng Co Ltd to Acquire Equity Shares - ResearchInChina

Date:2011-08-16 Source:liaoyanzhjx Text Size:

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Shandong Lipeng Co., Ltd.(002374.SZ)

Wednesday, 3 Aug 2011

Shandong Lipeng Co Ltd announced that it will acquire a 40% stake in a Huizhou-based cover manufacturing company from Du Ruilin, at RMB 7,560,000. After that, the Company will hold a 100% stake in the target company.

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