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China Glass Holdings to wholly own Suqian Huayi

Post Time:Jun 26,2008Classify:Company NewsView:704

On June 25, China Glass Holdings announced it would pay 24 million yuan to purchase the remaining 9.9 percent stake of Suqian Huayi Coated Glass Co., Ltd. from Jiangsu Glass. After the acquisition, Suqian Huayi will become a wholly owned subsidiary of China Glass Holdings.

Suqian Huayi Coated Glass Co., Ltd. mainly engages in the manufacture and sale of glass products and owns a float glass production line with a melting capacity of 600 tons per day.

Source: GlassInChinaAuthor: admin

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