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A few days ago, Huitong Co.
, Ltd.
issued an announcement saying that it plans to invest in the establishment of subsidiaries to develop special nylons such as long-chain nylon, high-temperature nylon and transparent nylon, polyester elastomers, polyurethane elastomers and polyamide elastomers and other high-performance elastomers.
Other special polymer materials research, production and marketing integration projects
.
It is reported that the total investment will not exceed 120 million yuan
.
Huitong Co.
, Ltd.
stated that this foreign investment is not only in line with relevant national industrial policies, but also in line with the company's overall strategic development direction in the future.
It will further optimize the company's industrial chain layout, promote the company's technological innovation, stimulate team vitality, and enhance the company's core competitiveness.
.
According to the announcement, after years of technology and talent reserves, Huitong has gradually mastered the polymerization and modification technologies of special nylon materials, high-performance elastomer materials and other special polymer materials
.
The company intends to jointly invest and set up a project company with an associated natural person, Ms.
Li Jianyi, to realize the upstream products of the company, including special nylons such as long-chain nylon, high-temperature nylon and transparent nylon, polyester elastomers, polyurethane elastomers and polyamide elastomers and other high-performance elastomers.
And other special polymer materials layout, build a "polycondensation-modification" industrial chain integration platform
.
It is reported that Huitong Co.
, Ltd.
is mainly engaged in the research and development, production and sales of modified plastics, and is committed to providing customers with high-performance and functional material overall solutions
.
The data shows that since the beginning of this year, the company's operations have continued to improve.
In the first quarter, the revenue and net profit have doubled, and the total operating income has reached 1.
272 billion yuan, a year-on-year increase of 22.
44%; the net profit attributable to the parent is 31.
1612 million yuan, an increase of 11.
18% year-on-year
.
