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Yangtze Optical Fibre Sets Up Quartz Materials Unit in Wuhan With RMB 200 Million Capital

Published: Updated: By 24TopNews Editorial Desk

Changfei Quartz Materials (Wuhan) Co. , Ltd. has recently been established, with Wang Ruichun as its legal representative and registered capital of RMB 200 million.

The company's business scope includes the manufacture of non-metallic mineral products, new materials technology promotion services, the manufacture of technical glass products and the manufacture of electronic specialty materials, among other activities.

In terms of equity structure, Changfei Quartz Materials (Wuhan) Co. is wholly owned by Changfei Quartz Technology (Wuhan) Co. , a subsidiary of Yangtze Optical Fibre.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 2 industrys. The strongest current signal is positive for Specialty Chemicals, with intensity 20/100 and 60% confidence over a medium term horizon.

Chemicals & Materials · 3.2

Specialty Chemicals

Direction
positive
Intensity
20
Confidence
60%
Horizon
Medium term
Effective impact +4
Electronic Equipment · 9.1

Electronic Components

Direction
positive
Intensity
15
Confidence
55%
Horizon
Medium term
Effective impact +2

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.