Recently, Xinjiang Tianfeng Investment Co., Ltd. was established with a registered capital of 300 million yuan. Its business scope includes: investment activities with its own funds; asset management services invested with its own funds. Relevant information shows that Xinjiang Tianshan Cement has subscribed a capital contribution of RMB 210 million, with a shareholding ratio of 70%; Zhejiang Shangfeng Building Materials has subscribed a capital contribution of RMB 90 million, with a shareholding ratio of 30%.
