Foster: Proposed internal integration of the functional membrane materials business

2023-11-16 09:52:20

After the completion of this internal business integration, the functional membrane company will independently carry out the research and development, production and sales of functional membrane materials related business.

Digital New Energy DataBM. Com reported on November 16 that Foster, the leading film company, announced that in order to clarify the rights and responsibilities of each business sector, integrate internal resources and improve the efficiency of the company's operation and management, it intends to integrate the assets, qualifications, business and personnel related to the functional film materials business.

According to the integration plan, the company intends to transfer the assets and qualifications related to the functional membrane materials business to Hangzhou Foster Functional Membrane Materials Co., Ltd. (Hereinafter referred to as "Functional Membrane Company"), a wholly-owned subsidiary, and the business and personnel related to the functional membrane materials will also be transferred to the functional membrane company. After the completion of this

internal business integration, the functional membrane company will independently carry out the research and development, production and sales of functional membrane materials related business.

Foster said that the company's internal integration based on the development plan of functional membrane materials business is in line with the company's overall development strategy.

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