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Nbtm New Materials revises acquisition plan for Shanghai Fuchi

August 21, 2025 at 05:10 PM UTCBy FilingReader AI

Nbtm New Materials Group is acquiring 34.75% of Shanghai Fuchi High-Tech for 73.46 billion yuan through share issuance and cash payments. The share price has been adjusted to 14.69 yuan per share.

The company will raise up to 54.78 billion yuan in supporting funds for the cash portion and production line upgrades.

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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