SCGS: New Energy Green Hydrogen plans to invest in the establishment of a wholly-owned subsidiary Xuzhou Fenggong
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SCGS announced that its holding subsidiary, Sichuan New Industry Green Hydrogen Technology Co., Ltd., plans to increase its capital and introduce the Fengxian Future Industry Investment Fund, and establish a wholly-owned subsidiary, Xuzhou Fenggong Equipment Technology Co., Ltd., in Xuzhou, Jiangsu, with a registered capital of 10 million yuan. This move aims to improve business layout, enhance overall competitiveness, and strengthen production delivery and product implementation capabilities
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