Milkway: Plans to acquire 70% stake in Jiudi Chemical for 250 million yuan

Jiudi Chemical is a trade service provider of organic chemical raw materials and fine chemicals, mainly engaged in textile auxiliaries, food additives, automotive electronic bonding auxiliaries, engineering plastics and other chemical raw materials and products. Recently, Jiudi Chemical was acquired by Milkway for 250 million RMB, accounting for 70%.

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