FULIN Precision Machinery and other companies have established a new materials company in Guangxi with a registered capital of 300 million yuan.

According to the Enterprise Check APP, recently, Guangxi Huifu New Materials Co., Ltd. was established with Zhang Maolin as the legal representative and a registered capital of 3 billion RMB. Its business scope includes manufacturing of electronic specialty materials, sales of electronic specialty materials, research and development of new materials technology, battery manufacturing, sales of high-purity elements and compounds, etc. According to equity penetration displayed by Enterprise Check, this company is jointly held by Fulin Precision Engineering's subsidiary Jiangxi Shenghua New Materials Co., Ltd. and others.