Xusheng Auto Technology plans to invest and establish aluminum products subsidiary
2020-09-15 14:40:57 [Print]
Xusheng Auto Technology announced on September 14 that the company plans to invest in the establishment of Ningbo Hesheng Aluminum Bottle Technology Co., Ltd. (temporary name, the specific name is subject to the approval of Industrial and Commercial Administration), with a registered capital of 30 million yuan (4.407 million US dollars), of which 25.8 million yuan (3.79 million US dollars) is subscribed and contributed by the company, accounting for 86% of the registered capital; and the remaining capital is subscribed by two external shareholders.
Xusheng Auto Technology said that the establishment of a holding subsidiary is an expansion of the company's aluminum industrial products. The company adopts a method of cooperation with external shareholders, makes full use of technology and market advantages, and cultivates new profit growth points for the company, which is conducive to improving the company's sustainable development capability.
Xusheng Auto Technology said that the establishment of a holding subsidiary is an expansion of the company's aluminum industrial products. The company adopts a method of cooperation with external shareholders, makes full use of technology and market advantages, and cultivates new profit growth points for the company, which is conducive to improving the company's sustainable development capability.
Aluminum Scrap Zorba 98-1 CIF China
Unit:USD/mt
China primary aluminum producers' sales volume statistics by province by month
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