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China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ) has provided an announcement.
China Sunshine Paper Holdings Co. Ltd. announced that its subsidiary, Century Sunshine, has acquired a 40% equity interest in a joint venture, making it a wholly-owned subsidiary. This acquisition, valued at RMB85,000,000, will consolidate the joint venture’s financial results into the group’s, potentially enhancing its market position in the specialty paper sector.
More about China Sunshine Paper Holdings Co. Ltd.
China Sunshine Paper Holdings Co. Ltd. operates in the paper manufacturing industry, focusing on the production and sale of specialty papers, particularly decorative paper, in the People’s Republic of China.
Average Trading Volume: 612,900
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.86B
See more insights into 2002 stock on TipRanks’ Stock Analysis page.