Zitong Financial App News, Hengda New Materials (301469.SZ) announced that the company intends to invest 50 million yuan to set up a wholly-owned subsidiary in Hangzhou, Zhejiang Province, with a proposed registered capital of 25 million yuan; and plans to invest US $3 million to set up a wholly-owned subsidiary in Singapore with a proposed registered capital of 1 million Singapore dollars. It is reported that the company plans to expand the company's international business and promote the company's global strategic layout through its subsidiaries in Hangzhou and Singapore.
恒达新材(301469.SZ)拟在杭州、新加坡设立子公司 拓展国际业务
Hengda New Materials (301469.SZ) plans to establish subsidiaries in Hangzhou and Singapore to expand international business
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