DOWELL plans to acquire 100% equity of Shanghai Aio to meet capacity and storage needs
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DOWELL plans to acquire 100% equity of Shanghai Aio with its own funds, with a transfer price of 13.8125 million yuan. After the acquisition, Shanghai Aio will have 5.55 million yuan in current liabilities, and the company plans to invest an additional 23 million yuan to repay debts and supplement operating funds. This acquisition aims to meet the capacity and storage needs of the company's chemicals sector and expand the range of chemical products
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