YUANXIANG NEW MATERIALS has established a new subsidiary that includes battery manufacturing business
According to the Qichacha APP, recently, YUANXIANG NEW MATERIALS Technology Co., Ltd. was established with a registered capital of 50 million yuan. The business scope includes: research and development of machinery and equipment; sales of machinery and equipment; battery manufacturing; battery sales; technology import and export, etc. Qichacha's equity penetration shows that the company is wholly owned by YUANXIANG NEW MATERIALS
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