Rianlon (SHE:300596) plans to invest 50 million yuan to subscribe for newly increased capital in Shenzhen Stolfo New Materials Technology, according to a Shenzhen Stock Exchange filing after market hours on Thursday.
The investment is part of a larger capital increase deal that values Stolfo at 200 million yuan post-transaction.
Rianlon will hold a 25% stake in the manufacturer of interface composite materials, insulating materials and sealing materials following the transaction.
Rianlon produces anti-aging additives and technologies for polymer materials.
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