North Glass Co., Ltd. (002613.SZ) intends to establish a new company with its employee stock ownership platform, focusing on the manufacturing of industrial equipment such as ceramics outside the construction industry.

Wisdom Financial News APP News, North Glass Co., Ltd. (002613.SZ) issued an announcement. In order to seize the market opportunities in the green transformation and intelligent upgrade of industrial equipment manufacturing field, according to the company's development strategy, the company plans to jointly invest with Luoyang North Glass Electric Kiln Technology Partnership Enterprise (Limited Partnership) (referred to as: Employee Stock Ownership Platform) to establish a holding subsidiary Luoyang North Glass High Temperature Electric Kiln Intelligent Equipment Co., Ltd. (referred to as: the new company). Focus on industries such as ceramics in the industrial equipment manufacturing field outside the construction industry, and focus on the research and development, production, operation, and technical support services of electric high-temperature industrial electric kilns, electric furnaces, electric drying ovens, and electric melting furnaces used in the aforementioned fields. The registered capital of the new company is 10 million yuan, of which the company will use its own funds to contribute 7.5 million yuan in currency, accounting for 75% of the registered capital, and the Employee Stock Ownership Platform will contribute 2.5 million yuan in currency, accounting for 25% of the registered capital.