Nine Ding New Materials and other investments have established a new materials company.

According to the EnterpriseAPP, recently, NanTong DingMei New Materials Co., Ltd. was established, with Yan Chengrong as the legal representative and a registered capital of 1 million RMB. Its business scope includes: new material technology promotion services; non-metallic minerals and products sales; refractory materials sales; import and export agency; import and export of goods, etc. Equity penetration data from Enterprise shows that the company is jointly held by JiuDing New Materials Co., Ltd., a subsidiary of Jiuding New Materials, and NanTong FuMei New Materials Co., Ltd.