Kingfa Technology Establishes Wholly-Owned Subsidiary with 50 Million Yuan Registered Capital
Kingfa Technology has established Jiangsu Kingfa Composite Materials Co. , Ltd. through indirect wholly-owned shareholding. The company's legal representative is Zhang Chao, and its registered capital is RMB 50 million. Its business scope includes new material technology research and development, plastic product manufacturing, engineering plastics and synthetic resin sales, plastic product sales, and glass fiber reinforced plastic product manufacturing. The company was incorporated around July 27.
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The event has a measured impact on 1 industry. The strongest current signal is positive for Specialty Chemicals, with intensity 30/100 and 80% confidence over a medium term horizon.
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