Shijiazhuang Shangtai Technology (001301.SZ) intends to establish a subsidiary in Hong Kong, China, to be responsible for matters related to overseas raw materials for the electronics industry.

date
16/09/2025
avatar
GMT Eight
Shangtai Technology (001301.SZ) announced that the company plans to establish a wholly-owned subsidiary in Hong Kong, China with its own funds, responsible for...
Shijiazhuang Shangtai Technology (001301.SZ) announced that the company plans to establish a wholly-owned subsidiary in Hong Kong, China with its own funds. This subsidiary will be responsible for exploring, procuring, and trading foreign suppliers of coke raw materials, using the location advantages of Hong Kong as an international trade center, logistics center, and financial center to discover more varieties of coke raw materials. The subsidiary is tentatively named Shijiazhuang Shangtai Technology (Hong Kong) Limited with a registered capital of 50 million Hong Kong dollars.