Nanwang Technology announced on the evening of July 7 that the company plans to establish a wholly-owned subsidiary “Guangdong Nanwang Environmental Protection Technology Co., Ltd.” (“Guangdong Nanwang” for short) in Area A of Heshan Industrial City, Heshan City, Guangdong Province, with a registered capital of 100 million yuan. After the establishment of Guangdong Nanwang, it plans to obtain 60 acres of land use rights located in Area A of Heshan Industrial City through a public auction to invest in the construction of high-end environmentally friendly food-grade paper products projects. The estimated concession amount is about 25.2 million yuan and an intentional fee of 40,000 yuan/mu.
南王科技：拟投建高端环保食品级纸制品项目
Nanwang Technology: Plans to invest in high-end environmentally friendly food-grade paper products projects
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