Huamao Technology and other companies founded a new materials company.

According to the QCC app, recently, Dongyang Huamao Hengqi New Materials Co., Ltd. was established with Zang Kun as the legal representative and a registered capital of 28 million yuan. Its business scope includes the manufacturing of engineering plastics and synthetic resins, sales of synthetic materials, manufacturing of glass fiber reinforced plastic products, and research and development of new material technologies. QCC's equity penetration shows that the company is jointly held by Dongyang Huamao New Materials Technology Research Institute Co., Ltd. under Huamao Technology and Beijing Hengqi Yuanchuang Technology Partnership Enterprise.