Technology, Financials Dec 15, 2021 06:39 PM (GMT+8) · EqualOcean
Cailian news agency, Dec. 15 - Xianfeng holdings announced that in order to further enhance the company's comprehensive competitiveness and provide new driving force and growth point for the company's sustainable development, Xianfeng new materials (Shenzhen) Co., Ltd., the holding subsidiary of the company, plans to invest RMB 300 million with its own funds to establish a wholly-owned subsidiary Xianfeng new materials (Yichang) Co., Ltd. (tentative name, subject to the final approval and registration of the industrial and commercial department) to engage in the ternary precursor business of lithium-ion battery positive materials.

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