Safety Wire Rope to establish new steel rope company
2020-12-09 17:04:55 [Print]
Safety Wire Rope announced on the evening of December 8 that in accordance with the company's overall business development strategic plan, the company planned to establish a wholly-owned subsidiary Jiangsu Safety Steel Rope Co., Ltd. (tentative name) with its own capital of RMB50 million (USD7.66 million). The establishment of a wholly-owned subsidiary in this investment is conducive to further improving and optimizing the company's existing industrial layout and business structure, and enhancing the company's comprehensive competitiveness and corporate brand influence.
