Guoen Shares Plans 1.504 Billion Yuan Acquisition of 80% Stake in Zhongfu Neng

36Kr reports that Guoen Shares announced its plan to acquire an 80% stake in Sichuan Zhongfu Neng New Material Technology Co., Ltd. for 1.504 billion yuan in cash. The target company specializes in electronic specialty gas products such as sulfur hexafluoride, carbon tetrafluoride, and nitrogen trifluoride. Upon completion of the transaction, it will become a wholly-owned subsidiary of Guoen Shares. This acquisition will expand the company's portfolio of electronic specialty gases, broaden its matrix of electronic materials, refine its layout in the high-end materials sector, and achieve multi-category coverage.