Ninestar Runs into Hurdle with Topjet Acquisition

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Back in 2017, Ninestar acquired a 51 percent stake in three different Chinese consumables makers: Zhuhai Zhongrun Jingjie Printing Technology Co. (Ink-Tank); Zhuhai Xinwei Technology Co., Ltd. (Kingway); and Zhuhai Tuojia Technology Co. (Topjet) (see “Ninestar Corporation Announces Its First-Half 2017 Financial Results”). This March, Ninestar announced its intent to buy the remaining shares in each

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