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Yongguan New material (603681.SH): plans to set up a wholly-owned subsidiary in the United States for no more than US $15.362 million

格隆滙 ·  {{timeTz}}


603681.SH announced that in order to realize its long-term development strategy and further meet the needs of expanding the international market, the company held the 22nd meeting of the third session of the board of directors on December 17, 2021, and examined and passed the "Bill on the Establishment of wholly-owned subsidiaries abroad", agreeing that the company should use its own funds to invest and set up wholly-owned subsidiaries in the United States, with an investment amount of no more than 15.362 million US dollars. After its establishment, it will be mainly engaged in the production and sales of all kinds of tape products, packaging materials, daily necessities, decorative printing products, as well as the import and export of machines, spare parts, chemical products and raw materials (except dangerous chemicals) according to the production needs of enterprises.

投资标的名称:永冠美国股份有限公司(Yongguan America Inc.)(暂定名,以最终注册为准)。

The name of the investment target: Yongguan America Co., Ltd. (Yongguan America Inc.) (provisional name, subject to final registration).

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