Universal Scientific Industrial

Huanxu Electronics gambles on e-cigarettes abroad without performance commitment

According to Kingfisher Capital News, a cross-border acquisition of more than 3 billion is being staged, and the protagonist is A-share listed company Huanxu Electronics (601231.SH). On December 13, 2019, Huanxu Electronics (aka Universal Scientific Industrial France) disclosed that it intends to issue shares to pay cash for the purchase…

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