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Silicon Treasure Technology: Subsidiary acquires Anhui Sino and plans to expand the production capacity of silane coupling agent

date:2022-02-23

Global Silicone Network, February 18th: Silicon Bao Technology (300019) announced on the evening of February 17 that Anhui Silicon Bao, a wholly-owned subsidiary of the company, plans to acquire 100% of Anhui Sino Pharmaceutical Co., Ltd. ("Anhui Sino") in cash Equity, and the final transaction price will be determined through negotiation. Anhui Sibao's existing production capacity of silane coupling agent products is 6,100 tons/year, which can no longer meet the growing demand for orders.

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