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Ruichang International to Form Phosphorus Pollution Control JV
RUICHANG INTL (01334.HK) plans to establish a joint venture to engage in phosphorus pollution control deployment, phosphorus-containing waste treatment technology, and the recycling of related waste products.
On December 9th, Glonghui announced that Ruichang Intl (01334.HK) has entered into a joint venture agreement on December 9, 2024, with Shanghai Lanrui Eco-friendly Concept Energy Technology Co., Ltd. and Huangshan Eco-friendly Group Co., Ltd. to establish, operate, and manage a joint venture company. Ruisheng Huangshan will hold 80% of the registered capital of the joint venture, while the other partners will hold 10% each of their respective registered capital. The joint venture plans to mainly engage in phosphorus pollution control deployment, phosphorus waste treatment technology, and the recovery of related waste products. As of the date of this announcement, it is proposed.
Express News | Ruichang International Holdings Ltd - Formation of Joint Venture
RUICHANG INTL: Interim Report 2024
Under the imbalance of supply and demand, a large number of new factories are starting to be put into production, and the 'super cycle' of the global refining industry is coming to an end.
Refineries in Asia, Europe, and the USA are facing the issue of profitability dropping to the lowest level in many years, marking the beginning of a decline in this industry that saw a surge in roi after the COVID-19 pandemic.
Rui Chang International Holdings (01334.HK): Zhang Shengjie resigns as an independent non-executive director.
On September 5, Glory Times reported that Mr. Zhang Shengjie has resigned as an independent non-executive director of Rui Chang International Holdings (01334.HK) due to personal reasons, including a desire to dedicate more time to handle other personal matters and business. The resignation will take effect from September 5, 2024. After the resignation, Mr. Zhang will no longer serve as a member of the board of directors' audit committee, remuneration committee, and nomination committee respectively.
