CNNC Titanium Dioxide: Signed a Strategic Cooperation Agreement with Nippon Investment to Establish a Strategic Procurement Partnership for Titanium Dioxide.
- feb 17, 2025, at 5:34 pm
China Nuclear Titanium Dioxide recently announced that the company has signed a "Strategic Cooperation Agreement" with Nippon Paint Investment Co., Ltd. Both parties agreed to establish a strategic procurement cooperation for titanium dioxide products during 2025-2027, and the company is expected to become one of the largest suppliers of titanium dioxide products to Nippon Paint Investment. The signing of this agreement does not require submission to the company's board of directors or general meeting of shareholders for review, does not constitute a related-party transaction, and does not constitute a major asset restructuring as defined by the "Administrative Measures for the Major Asset Restructuring of Publicly Listed Firms.
