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Wanwei High-tech: Invested 8.18 million yuan to hold 40% equity of Hefei Pilot New Materials
Wanwei High-tech announced that Hefei Pilot New Materials Co., Ltd. (tentative name) has a registered capital of 20.45 million RMB. Anhui Juchao Economic Development Zone Investment Co., Ltd. contributed 12.27 million RMB in cash, holding 60% of Hefei Pilot New Materials Co., Ltd.; the company contributed land use rights for 69.63 acres valued at 8.18 million RMB, holding 40% of Hefei Pilot New Materials Co., Ltd.