Tongyu Heavy has established a new subsidiary, which includes new materials technology research and development business
According to the Qichacha APP, recently, Shandong Wanjun Forging Heavy Industry Co., Ltd. was established, with Liang Jifeng as the legal representative and a registered capital of 30 million yuan. The business scope includes: metal surface treatment and heat treatment processing; additive manufacturing equipment manufacturing; additive manufacturing equipment sales; research and development of new material technology, etc. Qichacha's equity penetration shows that the company is wholly owned by Tongyu Heavy