Hangyang and Partners Form Zibo Hydrogen Technology Joint Venture
Hangyang Co. and other shareholders have jointly established Zibo Hangyang Jinbo Hydrogen Energy Technology Co. , Ltd. The new company's business scope covers the manufacture of specialty chemical products, excluding hazardous chemicals, along with machinery and equipment leasing and information technology consulting services. No financial terms or ownership percentages were disclosed.
Zibo Hangyang Jinbo Hydrogen Energy Technology Co. , Ltd. has recently been established, with a business scope that includes the manufacture of specialty chemical products (excluding hazardous chemicals), machinery and equipment leasing, and information technology consulting services.
The company is jointly held by Hangyang Co. and other shareholders.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Oil & Gas Exploration, with intensity 20/100 and 60% confidence over a medium term horizon.
Oil & Gas Exploration
- Direction
- positive
- Intensity
- 20
- Confidence
- 60%
- Horizon
- Medium term
Basic Chemicals
- Direction
- positive
- Intensity
- 15
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.