Union Precision and other investors establish a new materials company

According to the Qichacha APP, recently, Hunan Fanhai Tonglian New Materials Co., Ltd. was established, with Yang Hu as the legal representative and a registered capital of 5 million yuan. The business scope includes: manufacturing of hardware products; retail of hardware products; research and development of hardware products; plastic surface treatment; metal surface treatment and heat treatment processing; spraying processing; manufacturing of rubber products; manufacturing of new membrane materials, etc. Qichacha's equity penetration shows that the company is jointly held by Hunan Fanhai Tonglian Precision Manufacturing Co., Ltd. and others under Tonglian Precision