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NBTM New Materials adjusts share price in acquisition deal

July 16, 2025 at 07:50 AM UTCBy FilingReader AI

NBTM New Materials Group is acquiring 34.75% of Shanghai Fuchi High-tech through a combination of share issuance and cash payment.

The share issuance price was adjusted from 14.99 yuan to 14.69 yuan per share following a dividend distribution. The acquisition requires approvals from the Shanghai Stock Exchange and China Securities Regulatory Commission.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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