High Energy Environment plans to acquire 51% of Zhongxin Hongwei’s equity for RMB 140 million to lay out waste plastic recycling

On the evening of October 29, it was announced that in order to horizontally expand the comprehensive resource utilization and recycling business of PA, PET and other recycled plastic sub-categories, the company has invested a total of 140 million yuan to acquire Anhui Zhongxin Hongwei Technology Co., Ltd. (referred to as “Zhongxin Hongwei”) 51% equity.…