Cathay Biotech and others establish a composite materials company

According to the Qichacha APP, recently, Anhui Cathay Era Composite Materials Co., Ltd. was established with a registered capital of 150 million yuan. The business scope includes: sales of high-performance fibers and composite materials; sales of green composite materials for rail transit; sales of metal matrix composites and ceramic matrix composites; research and development of carbon fiber recycling technology, etc. Qichacha's equity penetration shows that the company is jointly held by Cathay Biotech and others