Feike Materials establishes a new company, including bio-based material manufacturing business.

According to the Enterprise Check APP, recently, Anqing Longkai New Materials Technology Co., Ltd. was established, with Qiu Xiaosheng as the legal representative and a registered capital of 10 million yuan. Its business scope includes sales of synthetic materials, sales of bio-based materials, technology research and development of bio-based materials, technology research and development of bio-based material polymerization, and manufacturing of bio-based materials. The equity penetration of Enterprise Check shows that the company is indirectly wholly owned by Feikai Materials.