On February 13, Shanghai Pret Composites Co.Ltd(002324) (002324) disclosed that the company planned to restructure a new energy enterprise in cash and increase its capital in cash for the capacity improvement and business development of the target company.
Shanghai Pret Composites Co.Ltd(002324) said that the target company is a new energy enterprise specializing in the R & D, production and sales of ternary lithium iron phosphate lithium-ion batteries and their systems. Its products are widely used in smart appliances, electric tools, communications, energy storage and other fields. After the transaction is completed, the target company will become the holding subsidiary of the company.
