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Yunnan Energy New Material to Buy SK IE's Chinese Assets for 400 Million Yuan

Yunnan Energy New Material (SHE:002812) subsidiary Jiangsu Energy New Material Technology will purchase the entire stake in SK IE Technology (KRX:361610) subsidiary SK IE Battery Materials Technology (Jiangsu) for 400 million yuan, according to a Thursday filing with the Shenzhen bourse.The South Korean battery separator company will offload its loss-making assets in China due to weak market expansion and low utilization.SK IE Battery Materials Technology (Jiangsu) has been posting losses in 2024 and 2025, Yicai Global reported separately.

Financial News · Live Terminal

Yunnan Energy New Material to Buy SK IE's Chinese Assets for 400 Million Yuan

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Yunnan Energy New Material to Buy SK IE's Chinese Assets for 400 Million Yuan

China Financial Services Unit Grants 7.5 Million Yuan Loan

TOPPAN Dishes Out Lower Year-End Dividend

Autohome Logs Decline in Q1 Profit

Cocoon Eyes HK$5 Million from Share Placement

Beijing Creative Distribution Automation to Purchase Energy Storage Systems

China Longyuan Power Sells 2.8 Billion Yuan Debentures

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Shanghai Yuyuan Tourist Mart to Register 6 Billion Yuan of Debt Instruments

Smarter Microelectronics Seeks Up to 300 Million Yuan Via Private Placement

Advance Residence Investment Acquires RESIDIA Musashi-Koyama For 690 Million Yen

Nippon REIT Investment to Sell Tsukiji Front Office Building for 1.25 Billion Yen

Jonjee Hi-Tech Industrial and Commercial Chairman Increases Shareholding

Xiamen C&D Subsidiary to Invest in Consumer Brands Fund

Market Chatter: Kakao, Labor Union Fail to Reach Agreement on Compensation; Union to Go on Strike in June

Xpeng Widens Loss in Q1

Zhejiang Hechuan Technology Fund to Invest in Robotics Subsidiary

SoftBank Group to Redeem $669.3 million of 4% notes due July

Nippon Building Fund Secures 5 Billion Yen Green Loan to Refinance Maturing Debt

Guangdong Zhongnan Iron and Steel Exchanges Baowu Water Tech Stake for Baowu Environmental Tech Equity