Western Superconducting to invest more in Sino-Euro Materials
2019-11-19 17:52:38 [Print]
Western Superconducting announced on November 18 that it plans to subscribe RMB 24
Western Superconducting Technology said that Sino-Euro Materials Technologies is mainly engaged in the production of metal spherical powder. It purchases titanium alloy bars from Western Superconducting and prepares them into titanium alloy powder for sales outside . In terms of titanium alloy business, it is the downstream of the company . The capital increase of Sino-Euro Materials is conducive to the development of Western Superconducting in related industries, and it is expected to obtain stable return on investment.
. 2 million for the newly increased registered capital of Xi'an Sino-Euro Materials Technology Co . , Ltd . ("Sino-Euro Materials") . After the capital increase, the company holds RMB27 million of registered capital of Sino-Euro Materials, accounting for 20 . 77% of the total registered capital of E Sino-Euro Materials.Western Superconducting Technology said that Sino-Euro Materials Technologies is mainly engaged in the production of metal spherical powder. It purchases titanium alloy bars from Western Superconducting and prepares them into titanium alloy powder for sales outside . In terms of titanium alloy business, it is the downstream of the company . The capital increase of Sino-Euro Materials is conducive to the development of Western Superconducting in related industries, and it is expected to obtain stable return on investment.