Beijing Dayuan acquires Japan’s JNC Nonwovens (Changshu) Co., Ltd.

On September 24, Beijing Dayuan announced the acquisition of 100% of the shares of JNC Corporation’s wholly-owned subsidiary, JNC Nonwovens (Changshu) Co., Ltd. Following the acquisition, the company plans to be renamed Dayuan New Materials Technology (Changshu) Co., Ltd., focusing on the production, research and development, and sales of nonwoven materials and products.