Asia Star Anchor Chain establishes a new technology company, including marine engineering equipment business.

According to the Qichacha APP, Tianjin Xingyang Green Aviation Technology Co., Ltd. was recently established. Its business scope includes the development of key supporting systems for marine engineering, manufacturing of marine engineering equipment, manufacturing of marine engineering platform equipment, and sales of marine engineering equipment. The equity penetration of Qichacha shows that the company is wholly owned by Yaxing Anchor Chain Co., Ltd.