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Dongwang Times: Adjust the transaction consideration for the purchase of 51% equity of Kekuan Polymers to 155 million yuan
Dongwang Times Announcement, the company has adjusted the transaction price for the purchase of a 51% stake in Zhejiang Keguan Polymer Co., Ltd. to 155 million yuan.
The transaction price is based on the valuation determined by the appraisal report issued by Tianyuan Asset Appraisal Co., Ltd., and was agreed upon through friendly negotiations among the parties involved.
The adjusted transaction price is 155 million yuan, which is fair and reasonable.