ST Jinggu signed an equity transfer framework agreement on the restructuring and acquisition of 51% equity of Huiyin Wood Industry

Huiyin Wood is a manufacturer and seller of particleboard, which can be widely used in furniture, construction, packaging, vehicle and ship interior decoration. Recently, Huiyin Wood was acquired by Jinggu Forestry for 51% of the shares. The post-investment valuation was not disclosed.

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