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Gaomeng New Materials announced that the company, Kingfa Technology and Guogaocai Polymer Materials Industry Innovation Center Co.
Guangdong Baomeng has a registered capital of 180 million yuan, of which Gaomeng New Materials contributed 81 million yuan, accounting for 45% of the registered capital, Kingfa Technology contributed 82.
The announcement stated that the company's investment this time will further expand the company's production capacity layout, and at the same time promote the company's layout in new energy, 5G and other electronic information industries and new materials, and extend the company's industrial chain.