Bosen Co. Completes Registration of Shantie New Materials with 140 Million Yuan Investment

Corporate Action
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Summary · why it matters

Bosen Co. announced that its joint venture, Shandong Shantie New Materials Technology Co., Ltd., established with Shandong Wanchangshun Environmental Protection Technology Co., Ltd. with a total investment of 200 million yuan, has completed its industrial and commercial registration. The joint venture has a registered capital of 200 million yuan, with Bosen contributing 140 million yuan for a 70 percent stake, and Wanchangshun contributing 60 million yuan for a 30 percent stake. The joint venture will invest in and operate the insulated pipeline business.

Impact on stocks 1

Others▲ · 1 stocks
Bosun Tools Co Ltd
002282
▲ PositiveCapitalrelevance

Bosen invests 140 million yuan in a new joint venture for insulated pipeline business, expanding its operations.

Off-coverage companies 1

山东山铁新材料科技有限公司Private▲ Positive
Capitalrelevance

The company completes registration with 200 million yuan registered capital, marking its formal establishment.

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