On August 18, Amadon announced that. The Company and Shanghai Yuntian Glass Co., Ltd. (Hereinafter referred to as "Shanghai Yuntian") jointly established Amadon (Shijiazhuang) New Materials Co., Ltd. (hereinafter referred to as "Shijiazhuang Amadon"). Shijiazhuang Amadon has a registered capital of RMB 20 million, of which RMB 14 million is contributed by the Company, accounting for 70% of the registered capital; and RMB 6 million is contributed by Shanghai Yuntian, accounting for 30% of the registered capital.
Recently, with the approval of the Administrative Examination and Approval Bureau of Xingtang County, Amadon (Shijiazhuang) New Materials Co., Ltd. has completed the formalities of industrial and commercial registration and obtained the business license. The business scope of
Shijiazhuang Amadon covers: manufacturing of technical glass products; sales of technical glass products; manufacturing of optical glass; sales of optical glass; sales of functional glass and new optical materials; manufacturing of photovoltaic equipment and components; sales of photovoltaic equipment and components; Import and export of goods.
The announcement shows that Amadon (Shijiazhuang) New Materials Co., Ltd. (Hereinafter referred to as "Shijiazhuang Amadon") is a newly established deep processing base in addition to the production bases in Changzhou, Jiangsu, Fengyang, Anhui and Benxi, Liaoning, in order to implement the strategic layout and business development needs in North China. On the one hand, this can promote the company's market development and business expansion in North China, on the other hand, it can make comprehensive use of local resources and energy advantages to achieve comprehensive cost reduction and production efficiency improvement, which is in line with the company's long-term development strategy and investment direction.
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