News information

Recently, Zhaoqing Jinsheng Metal Industrial Co., Ltd. completed the acquisition of Jiangxi Ruida New Energy Technology Co., LTD. (Ruida New Energy), Ruida New Energy became a wholly-owned subsidiary of Zhaoqing Jinsheng.

       Ruida New Energy was established in October 2014, engaged in the comprehensive recycling and utilization business of power batteries for new energy vehicles. In order to further integrate assets and expand and strengthen the comprehensive recycling and utilization business of power batteries for new energy vehicles, shareholders of both sides reached an agreement to carry out a stock exchange merger.

       The merger is conducive to further enhancing the company's market share, improving its own strength in production, research and development, operation and other links, and further consolidating its market position.