HUALAN NPM plans to establish a joint venture company to operate products such as Tibetan medicinal baths and plasters
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HUALAN NPM signed a shareholder agreement with Ms. Dan Yexing to establish a joint venture company, primarily engaged in the research, production, and sales of products such as Tibetan medicinal baths and plasters. The registered capital of the joint venture company is 7 million yuan, with HUALAN NPM contributing 4.298 million yuan, accounting for 61.4%. This investment aims to promote HUALAN NPM's strategic layout and industrial development, facilitating the company's healthy growth
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