Fuwei Films Provides Transaction Update
BEIJING, June 5, 2019 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, previously announced that the Company had entered into a Securities Purchase Agreement with Gold Glory Blockchain Inc. ("Gold Glory"), aCalifornia-headquartered company focused on blockchain technology applications and digital asset services.Gold Glory is undergoing financial audit.
- BEIJING, June 5, 2019 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, previously announced that the Company had entered into a Securities Purchase Agreement with Gold Glory Blockchain Inc. ("Gold Glory"), aCalifornia-headquartered company focused on blockchain technology applications and digital asset services.Gold Glory is undergoing financial audit.
- Fuwei will provide further updates when available.
- Fuwei Films develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, also known as BOPET film (biaxially oriented polyethylene terephthalate).
- The Company specifically disclaims any obligation to update the forward-looking information in the future.