Established a new materials research company such as Chengxing Holdings

According to the Qichacha app, recently, Shanghai Xingjuli New Materials Research Co., Ltd. was established, with Tang Junliang as the legal representative and a registered capital of 5 million RMB. Its business scope includes research and development of new materials technology, sales of cutting-edge new materials, resource recycling service technology consultation, and research on bio-organic fertilizers. The equity penetration displayed on Qichacha shows that the company is jointly held by Shanghai Chengxing Phosphorous Chemical Co., Ltd. and Phosphorus Star Poly Kunming Technology Co., Ltd., both under Chengxing Holdings.