Recently, Jincheng Paper Co., Ltd. announced that it has taken a significant step in expanding its business portfolio by acquiring two key companies—Jiangxi Jiayuan Mining Co., Ltd. and Xingguo Tiancheng Industry and Trade Co., Ltd.—through its subsidiary, Xinguo Hengxin Mining Co., Ltd. The acquisition was formally approved during a recent shareholders' meeting, marking a strategic move to strengthen its presence in the mining and industrial sectors.
The deal involves the complete transfer of equity in both Jiayuan Mining and Tiancheng Industry and Trade, with the company signing a formal equity transfer agreement with the respective shareholders. This acquisition not only enhances Jincheng Paper's operational scale but also opens up new opportunities for growth in resource-based industries.
By integrating these two companies into its existing structure, Jincheng Paper aims to leverage their expertise, resources, and market access to further solidify its competitive edge in the industry. The move is expected to contribute significantly to the company’s long-term development strategy and enhance shareholder value.
This acquisition reflects Jincheng Paper’s commitment to diversification and expansion, positioning itself as a major player in the broader mining and industrial landscape. With this latest development, the company is well on its way to achieving greater efficiency, scalability, and profitability in the coming years.Medium-light duty caster wheel load capacity is between the light duty caster wheel and medium duty caster wheel , the load capacity is 60kg to 100kg , the wheel size is include 2'' , 2.5'',3'' etc , wheel material include PU , PVC , PP , RUBBER ,TPR etc ,
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