Mingguan New Material: Intends to increase the capital of the subsidiary by USD 20 million for the solar cell packaging film project

2023-08-01 11:10:29

Mingguan New Material increased its capital by 20 million US dollars, all of which were used for the solar cell packaging film project.

Mingguan New Material announced in the evening of July 31 that the company intends to increase its capital by US $20 million to Vietnam Mingguan, a wholly-owned subsidiary, through Mingguan International, which will be fully invested in Vietnam Mingguan Solar Cell Packaging Film Project . After the completion of the capital increase, the registered capital of Mingguan International and Vietnam Mingguan will be increased to HK $or VND equivalent to US $35 million. The capital increase was considered and approved at the thirteenth meeting of the fourth session of the board of directors of the Company. According to

the data, Mingguan New Materials (Vietnam) Co., Ltd. was established in April 2019 with a registered capital of 15 million US dollars. Its main business is the production and sales of new composite film materials such as solar cell backplane and photovoltaic module packaging film.

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Mingguan New Material increased its capital by 20 million US dollars, all of which were used for the solar cell packaging film project.

2023-08-01 11:10:29

On October 27, the Office of Industry and Information Technology of Inner Mongolia issued the Announcement on the Demolition and Withdrawal of the 3 # Clinker Production Line with a Daily Output of 2500 Tons of Ulanchabu Zhonglian Cement Co., Ltd. The 3 # clinker production line of Wulanchabu Zhonglian Cement Co., Ltd. has dismantled the core process facilities such as the cone of the decomposition furnace, the tertiary air duct, the high temperature fan, the tail coal scale and the tail coal conveying system equipment, and the waste heat boiler pipeline at the kiln head, and has fulfilled the procedures for the change of the production permit and the pollutant discharge permit, so it no longer has the conditions to resume the production of cement clinker.