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Hunan Sokan New Materials Earmarks $5.8 Million For Two California Subsidiaries
hunan sokan new materials plans to establish 2 new subsidiaries in the usa to further expand its automotive coating business.
①Regarding the layout of the automotive coating materials business, Hunan Sokan New Materials stated that the company has achieved a layout of "from interior to exterior" and "from small parts to large parts" starting from the auto parts coating market; ②In recent years, Hunan Sokan New Materials has been increasing its application and promotion efforts in the passenger autos market while developing the main business of high-end consumer electronics.
Insiders Were the Key Beneficiaries as Sokan New Materials Group Co., Ltd.'s (SHSE:688157) Market Cap Rises to CN¥4.4b
Hunan Sokan New Materials (688157.SH) plans to establish a technical and service center project in the USA to provide guarantees for business development.
hunan sokan new materials (688157.SH) announced that the company plans to invest 5.8 million US dollars in the United States using its own funds or self-raised funds.
hunan sokan new materials (688157.SH): plans to set up two wholly-owned subsidiaries in California, usa.
Gelonghui September 29th | Hunan Sokan New Materials (688157.SH) announced that the company plans to invest $5.8 million in the United States in California with its own funds or self-raised funds to establish two wholly-owned subsidiaries as investment entities, for the construction of the U.S. Technology and Service Center project. The construction content includes but is not limited to the purchase of land and buildings, acquisition of laboratory equipment, testing equipment, and other related matters. The actual investment amount is subject to the approved amount by the local authorities in China and the USA.
Hunan Sokan New Materials to Terminate Corporate Bond Issue
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