ST WELLTECH plans to acquire a controlling stake in ZJQY for 546 million yuan to enter the lithium battery materials industry
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ST WELL plans to acquire 51% of ZJQY for 546 million yuan, becoming its controlling shareholder. ZJQY focuses on the research and production of lithium battery materials and has established partnerships with several well-known lithium battery manufacturers. This transaction will help *ST WELL enter the lithium battery materials industry, optimize its business layout, and promote transformation
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