Wanhua (Binzhou) Battery Industrial Co., Ltd. has recently been incorporated, with Wang Xiaoxing serving as its legal representative and a registered capital of Yuan 700 million. The company's business scope includes battery leasing, photovoltaic power generation equipment leasing, research and development of electronic specialty materials, manufacturing of electronic specialty materials, and manufacturing of graphite and carbon products, among others.
According to equity penetration data, the company is wholly owned by Wanhua Chemical (Yantai) Battery Industrial Co., Ltd., a subsidiary of Wanhua Chemical Group Co., Ltd.
Edited by Cassie Li, lixiangying@mysteel.com