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Dongfang Yuhong plans to set up a wholly-owned subsidiary to expand its influence in Central China

end of the experiment Dongfang Yuhong plans to set up a wholly-owned subsidiary to expand its influence in Central China

January 12, 2018

[China paint information]

Dongfang Yuhong announced on January 11, The company plans to invest and establish a wholly-owned subsidiary "Jingmen Dongfang Yuhong building materials Co., Ltd." (tentative name, subject to the final approval and registration of the industrial and commercial department, hereinafter referred to as "the new company"). The registered capital of the new company is 50million yuan, and Dongfang Yuhong will contribute with its own funds, accounting for 100% of its total equity. The business scope of the new company covers the technical development, manufacturing, sales and technical services of complete sets of equipment for various waterproof materials, anti-corrosion materials, thermal insulation materials, lake asphalt materials, mortar materials and other related building materials; Undertake waterproof engineering, anti-corrosion engineering construction, etc

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the announcement said that the establishment of the new company will make full use of the good local investment environment and regional advantages, rely on the advantages of Dongfang Yuhong in the production and research and development of waterproof materials, rely on the China Green Manufacturing Alliance to promote the cooperation channel of the whole green manufacturing industry chain, effectively integrate existing resources, give play to the advantages of independent legal persons, and rigid cement pipes also have one mechanical property, namely impact performance testing, Further increase the comprehensive influence of Dongfang Yuhong tensile testing machine in Central China, which is a multi-function testing instrument. At the same time, the establishment of the new company is in line with the long-term strategic layout of the company as a system service provider, and lays a solid foundation for the sustainable and stable development of the company in the future

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