Donghong Group established a pipe technology company in Xinjiang.

According to the QiChaCha app, recently, Xinjiang Donghong Pipe Industry Technology Co., Ltd. was established with a registered capital of 100 million yuan. Its business scope includes: sales of glass fiber and products; manufacturing of high-performance fibers and composite materials; sales of high-performance fibers and composite materials; manufacturing of glass fiber-reinforced plastic products, etc. The equity penetration displayed by QiChaCha shows that the company is wholly owned by Donghong Share.