NEWTREND GROUP to Acquire Methanol Distillation Recovery Unit for Glycine Project for RMB 20.5 Million

Stock News

07/14

NEWTREND GROUP (02573) has announced a planned acquisition. On July 14, 2026, the buyer, which is the company's directly wholly-owned subsidiary, NEWTREND GROUP (Jingzhou) New Material Co., Ltd., intends to purchase equipment from the seller, Jiangxi Province Pingxiang Dier Chemical Packing Co., Ltd.

The equipment in question is a methanol distillation recovery unit for a glycine project. This acquisition is for the purpose of constructing the company's glycine production base in Jingzhou. The total cost of the transaction is set at RMB 20.5 million.

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On July 14, 2026, the buyer, which is the company's directly wholly-owned subsidiary, <b>NEWTREND GROUP (Jingzhou) New Material Co., Ltd.</b>, intends to purchase equipment from the seller, <b>Jiangxi Province Pingxiang Dier Chemical Packing Co., Ltd.</b><br><br>The equipment in question is a methanol distillation recovery unit for a glycine project. This acquisition is for the purpose of constructing the company's glycine production base in Jingzhou. The total cost of the transaction is set at RMB 20.5 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1129","symbol_name":"特种化学制品","start_time":0,"source_url":"","article_id":"1116901553","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116901553","pubTimestamp":1784028537,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"NEWTREND GROUP (02573) has announced a planned acquisition. 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