News

CHTC completes buyout of Fong’s

27/06/2011

Zhang Jie, the chairman of China Hi-Tech Group Corporation (CHTC), announced at the ShanghaiTEX on 15 June 2011 that China Hi-Tech Group has recently completed its acquisition of the controlling shareholding in Fong’s Industries, a China-based supplier of dyeing and finishing machines. The acquisition will enable CHTC to further strengthen its business and operation modes within the textile machinery industry.

 

To continue reading this story, please sign in or register.

Related stories:

M&S to reveal Plan A results at ShanghaiTex 02/11/2017

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.