Suotong Development plans to acquire 94.98% of Xinyuan shares

Xinyuan Co., Ltd. is a film capacitor manufacturer. Its main business is the research and development, production and sales of film capacitors. Film capacitors mainly use plastic films as dielectrics and metal foils or metallized films as electrodes, which are wound into a cylindrical shape. Its main film media include polypropylene film and polyester film. Recently, Suotong Development plans to acquire 94.98% of Xinyuan shares.

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