Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / China Wolong to Acquire Stake from Rongxin Power Electronic

China Wolong to Acquire Stake from Rongxin Power Electronic

Jun 29, 2016 13:55

Source:SMM

Wolong Electric Group entered a share transfer agreement with Rongxin Power Electronic on June 28, according to Wolong Electric Group’s announcement.

SHANGHAI, Jun. 29 (SMM) – China's Wolong Electric Group entered a share transfer agreement with Liaoning Rongxin Power Electronic on June 28, according to Wolong Electric Group’s announcement.

Wolong Electric Group proposed to acquire 84.91% stake in Rongxin Power Drives Technology, 80.01% stake in Rongxin Gaoke Electric and 90.00% stake in Rongxin Motor Control Technology. The three companies are subsidiaries of Rongxin Power Electronic. The offering price is expected to be 219.8 million yuan ($ 33.04 million).

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Wolong Electric Group

lead-acid battery

battery producer

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Operating Rate of Lead-Acid Battery Producers Up 6.36% from September 30

The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 6.36 percentage points from September 30 to 70.37% as of Friday October 15.

time

Oct 15, 2021 18:42

Operating Rate of Lead-Acid Battery Producers Up 6.36% from September 30

Lead downstream production limited on pollution warnings in Hebei

Automotive storage battery producers in Hebei province have received notices that require them to cut 30% of production in a response to heavily-polluted weather, SMM learned.

time

Mar 2, 2018 14:48

Lead downstream production limited on pollution warnings in Hebei

Scrap Lead-Acid Battery Recycling Project Settles in Inner Mongolia

Senrun Recycling Metal Products Co. plans to invest a total of RMB 120 million in scrap lead-acid battery recycling project in Linxi County, Chifeng, City, Inner Mongolia.

time

Nov 18, 2016 11:46

China Lead-Acid Battery Imports Jump 21.76% MoM in August

The lead-acid battery imports in China totaled 861,500 units in August, up 21.76% MoM and 29.40% YoY, China Customs reported.

time

Sep 30, 2016 19:05

China Lead-Acid Battery Exports Rise 12.89% MoM in August

China exported 22.07 million units of lead-acid batteries in August, up 12.89% MoM and 20.98% YoY, based on data from China Customs.

time

Sep 30, 2016 19:04

Hebei New Energy Vehicle Battery Base Enters into Service

A large new energy vehicle battery base in Hebei’s Tangshan entered into operation on July 17.

time

Jul 18, 2016 14:18

Shenzhen Shuts down 8 Battery Firms

Shenzhen’s Longhua New District recently closed down eight battery enterprises, based on gd.qq.com.

time

Jul 12, 2016 14:23

China GEM Allots Most Battery Materials to Motive Batteries

China’s GEM Co. is expected to produce 30,000 tonnes of battery materials in 2016, the company announced on July 5.

time

Jul 6, 2016 09:58

China Wolong to Repurchase Stake in Nanyang Explosion Protection Group

China’s Wolong Electric Group is planning to repurchase stake in Nanyang Explosion Protection Group, according to its announcement released on May 16.

time

May 19, 2016 09:32

8 China Battery Firms Included in the 3rd List of Companies Meeting Entry Requirements

China’s Ministry of Industry and Information Technology released the 3rd list of companies meeting automotive battery industry entry requirements on April 6.

time

Apr 7, 2016 16:01

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.