Flagchem established a research and innovation technology company with a registered capital of 50 million yuan
According to the Qichacha APP, recently, Nanjing Hongfeng Research and Innovation Technology Co., Ltd. was established, with Hou Yuanchang as the legal representative and a registered capital of 50 million yuan. The business scope includes: pesticide production; inspection and testing services; research and development of new material technology; research and development of resource recycling technology; research and development of fermentation process optimization technology, etc. Qichacha's equity penetration shows that the company is wholly owned by Flagchem indirectly
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