Wave Cyber to Set Up Gas Separation Membrane-Producing Joint Venture
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Wave Cyber (Shanghai) has partnered with Tianjin Zhihui Membrane Technology Research and Shanghai Zhihui Management Partnership to establish a joint venture, Shanghai WeCyber Zhihui Membrane Technology Development, for producing gas separation membranes. The venture will have a registered capital of 10 million yuan, with Wave Cyber owning 51%, Shanghai Zhihui 15%, and Tianjin Zhihui 34%. Wave Cyber will invest 5.1 million yuan, while Shanghai Zhihui will contribute 1.5 million yuan, and Tianjin Zhihui will provide intellectual property and expertise.
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