Liu Steel Group invests in establishing a research institute company.

According to the QiChaCha app, recently, Guangxi Liugang Research Institute Co., Ltd. was established with Chen Li as the legal representative and a registered capital of 50 million yuan. Its business scope includes research and development of metal products, manufacturing of metallurgical equipment, sales of metal products, manufacturing of metal materials, and research and development of new material technologies. QiChaCha's equity penetration shows that the company is wholly owned by Guangxi Liuzhou Steel Group Co., Ltd.