National Green Development Fund and Hubei State-owned Assets establish a new materials technology company.

According to the QiChaCha app, Shanghai Changjiang Guolv New Material Technology Co., Ltd. was recently established with a registered capital of 25 million RMB. Its business scope includes the sales of rubber products, automotive decoration supplies, domestic freight forwarding, etc. According to equity penetration data from QiChaCha, the company is jointly owned by National Green Development Fund Co., Ltd. and Hubei Province Ecological and Environmental Protection Co., Ltd.