NEW YORK, NY / ACCESSWIRE / May 30, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies, is issuing a comprehensive report with no obligation on Cleantech Solutions International Inc. (NASDAQ: CLNT). Through its affiliated companies, Cleantech designs, manufactures, and distributes a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry.
The company is being acquired by YSK1860 (an investment holding Company). Pursuant to the terms of the agreement, YSK1860 purchased all shares of Cleantech previously held by the company’s Chairman and CEO, Mr. Jinhua Wu, and his affiliates. It acquired 416,249 shares for about $970 million, or $2.33 per share.
Get acquisition details, a financial review and outlook for Cleantech in this full report – READ MORE.
Copy and paste to your browser may be required to view the report – http://tradersnewssource.com/cleantech-solutions/.
This event has infused significant liquidity in the company and the stock has spiked more than 70% following the news. The company, say experts, looks like a good bet, considering recent developments along with its longstanding track-record of operations and strategic operational decisions that the company has taken.
As per management, 2016 was a year of transition for Cleantech Solutions. With its forged rolled rings and related components and petroleum and chemical equipment segments continuing to perform poorly, it decided to exit these two segments. Management believes that its focus on the dyeing equipment business, developing next generation dyeing and finishing equipment based on CLNT’s recently acquired ozone-ultrasonic patent technology, will usher in significant benefits in the logistics chain across sectors.
Read our full report on Cleantech for news on recent stock split and product line – READ MORE.
Copy and paste to your browser may be required to view the report – http://tradersnewssource.com/cleantech-solutions/.
DISCLOSURE:
Traders News Source LLC (TNS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering small and micro-cap equity markets. TNS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles, and reports covering equities listed on NYSE, NASDAQ, and OTC exchanges. The other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
TNS has not been compensated, directly or indirectly, for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a chartered financial analyst, for further information on analyst credentials, please email editor@tradersnewssource.com. Vikas Agrawal, a CFA® charter holder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written, and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author per the procedures outlined by TNS. TNS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents, or reports. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY:
TNS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake, or shortcoming. No liability is accepted whatsoever for any direct, indirect, or consequential loss arising from the use of this document. TNS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, TNS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness, or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING:
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither TNS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.tradersnewssource.com.
For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer be featured on our coverage list, contact us via email at: editor@tradersnewssource.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
CONTACT:
editor@tradersnewssource.com
SOURCE: Traders News Source
ReleaseID: 464366
