---
title: "FUDA ALLOY has invested in Zhejiang to establish a new materials company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225125143.md"
description: "According to the Qichacha APP, recently, Zhejiang Ruida New Materials Co., Ltd. was established, with Bai Xiaoping as the legal representative and a registered capital of 10 million yuan. The business scope includes: research and development of new material technology; promotion services for new material technology; precious metal smelting; non-ferrous metal casting; manufacturing of metal materials; sales of metal materials; research and development of metal products, etc. The equity penetration of Qichacha shows that the company is wholly owned by FUDA ALLOY"
datetime: "2025-01-16T01:37:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225125143.md)
  - [en](https://longbridge.com/en/news/225125143.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225125143.md)
generator: "portal-rs"
---

# FUDA ALLOY has invested in Zhejiang to establish a new materials company

According to the Qichacha APP, recently, Zhejiang Ruida New Materials Co., Ltd. was established, with Bai Xiaoping as the legal representative and a registered capital of 10 million yuan. The business scope includes: research and development of new material technology; promotion services for new material technology; precious metal smelting; non-ferrous metal casting; manufacturing of metal materials; sales of metal materials; research and development of metal products, etc. Qichacha's equity penetration shows that the company is wholly owned by FUDA ALLOY

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**