Hengli Petrochemical Establishes New Materials Company in Hangzhou

Qichacha app shows that recently, Hangzhou Yizhijin New Materials Co., Ltd. was established, with Du Weichen as the legal representative. The registered capital is 50 million yuan. The business scope includes: synthetic fiber manufacturing; synthetic material manufacturing (excluding hazardous chemicals); high-performance fiber and composite material manufacturing; new material technology research and development, etc. Qichacha’s equity penetration shows that the company is indirectly wholly owned by Hengyi Petrochemical. (People’s Financial News)

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