New Progress Ancai Hi-Tech Establishes 50 Million Glass Research Institute Company

Recently, Digital Building Materials Network found that Henan Ancai Hi-Tech Co., Ltd. registered and established a subsidiary of Glass Research Institute in Zhengzhou on March 23: Henan Ancai Glass Research Institute Co., Ltd. The registered capital of

the new company is 50 million yuan, and its legal representative is Cang Limin. Its business scope includes technical services, sales of technical glass products, research and development of special electronic materials, sales of optical glass, sales of functional glass and new optical materials, and sales of intelligent basic manufacturing equipment.

Last October, Ancai Gaoke announced that in order to give full play to the company's glass industry talent resources and technological research and development advantages, better realize the combination of glass technology research and development and industrialization, promote the company's industrial upgrading, and help implement the company's strategy, it is proposed to invest 50 million yuan to set up Henan Ancai Glass Research Institute Co., Ltd. In order to carry out glass-related technology research and development, the initial capital in place is 5 million yuan, followed by money and equipment investment, Ancai Gaoke holds 100% equity of the new company. Founded in 1987,

Henan Ancai Hi-Tech Co., Ltd. was originally the largest color glass shell production base in China, and now mainly deals in solar photovoltaic ultra-white rolled glass, high-quality float glass, energy-saving glass, liquefied natural gas, compressed natural gas and other products. In 2022, Ancai Gaoke achieved a total revenue of 4.144 billion yuan, an increase of 23% over the previous year, and a net profit of 77.5029 million yuan, a decrease of 63.23% over the previous year.