On June 14th, Glonhui reported that Yangtze New Materials(002652.SZ) announced that the company's sixth board of directors' third meeting approved the "Resolution on Establishing a Shanghai Branch". In response to the company's operational needs, setting up a Shanghai branch was agreed upon.
The establishment of the Shanghai branch this time is to meet the company's operational needs while fully utilizing Shanghai's location advantages, promoting the company's business development, and enhancing the company's comprehensive competitiveness. The establishment of the Shanghai branch is in line with the company's global strategy and will help improve the company's overall operation and management efficiency.