---
title: "Cosmos Machinery Sells Entire Stake in Hefei Grandme New Materials for RMB4.65 Million"
description: "Cosmos Machinery Enterprises Limited's subsidiary, Cosmos Grand Plastics Co., Ltd., has sold its entire stake in Hefei Gelanmei New Materials Co., Ltd. to Mr. Diao Junde for RMB4.65 million. The trans"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274953698.md"
published_at: "2026-02-05T10:19:53.000Z"
---

# Cosmos Machinery Sells Entire Stake in Hefei Grandme New Materials for RMB4.65 Million

> Cosmos Machinery Enterprises Limited's subsidiary, Cosmos Grand Plastics Co., Ltd., has sold its entire stake in Hefei Gelanmei New Materials Co., Ltd. to Mr. Diao Junde for RMB4.65 million. The transaction will be completed as per the equity interest transfer agreement. Mr. Diao is also a director of both the seller and the target company.

Cosmos Grand Plastics Co., Ltd., an indirect wholly-owned subsidiary of Cosmos Machinery Enterprises Limited, has agreed to sell its entire equity interest in Hefei Gelanmei New Materials Co., Ltd. The purchaser is Mr. Diao Junde, a resident of the People’s Republic of China, who also serves as a director of both the seller and the target company. The consideration for the transaction is RMB4,649,502.49. Completion of the disposal will take place in accordance with the terms set out in the equity interest transfer agreement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cosmos Machinery Enterprises Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260205-12016691), on February 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.