Jianlong MicroNano (688357.SH) subsidiary plans to acquire a 40% stake in Hanxing Energy for 200 million yuan.

China Fortune Finance and Economics APP News: Jianlong Micronano (688357.SH) announced that, according to its own development strategy and business needs, the company's wholly-owned subsidiary Shanghai Jianlong Micronano New Materials Technology Co., Ltd. (referred to as "Shanghai Jianlong") plans to acquire 40% equity of Shanghai Hanxing Energy Technology Co., Ltd. (referred to as "Hanxing Energy") for a transaction amount of 200 million yuan.