Aug. 5th report: South Korean Hanwha Group 3 spent 430 billion won (about 387 million U.S. dollars) acquisition of Chinese solar laptop battery manufacturers Solarfun Energy 49.9% of the shares.
Hanwha Group chairman Kim said the move was to enhance the Hanwha Group R & D in the field of solar cell level, to better in the future take advantage of new energy markets.
Description: Hanwha Group’s predecessor was founded in Korea in 1952, gunpowder Corporation. With founder and president Kim Chung-hi business to serve the country. As Korea’s only manufacturer of gunpowder. A handful of gunpowder production and sales enterprise. Korea’s economic development not only make a significant contribution, but also laid the foundation for the Group’s. Han Chinese mechanical industry and the petrochemical industry priorities in their occupation of the domestic market and overseas market, which lay the foundation. Through the diversification of business areas, Han Chinese company now owns 25 subsidiaries, 37 overseas corporate and branch financial sector in Korea ranked 7th in the world ranked 393. In the “selection and concentration” investment principle Hanwha will continue to adjust the business structure to achieve the dream of a new era.