Hongda New Materials announced that the company will fund the wholly-owned subsidiary, Dongguan New Oriental Technology Co., Ltd., to establish a wholly-owned Sun Company Tianchang Xindongcheng New Materials Co., Ltd. (“Xindongcheng”) with a registered capital of RMB 4.95 million, and the company holds 100% of its shares.
宏达新材：子公司拟出资设立全资孙公司新东诚
Hongda New Materials: The subsidiary plans to invest in the establishment of a wholly-owned subsidiary, Xindongcheng
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