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On November 23, Zhuzhou Times New Material Technology Co., Ltd. (hereinafter referred to as "Time New Material") signed a capital increase and share expansion agreement with Inner Mongolia Yiji Group and Qingdao Kaishi. The new era of the times expects to achieve rapid expansion of core technologies and businesses in the new material vibration-reducing and noise-reducing elastic components and new business areas such as military and heavy trucks through the cooperation of the three parties.
According to the agreement, the company will increase the capital of Lectra Rubber and Plastics by 45.1577 million yuan from the public in the new era. After the capital increase and share expansion, the company holds 49% equity of Lectra Rubber & Plastics. After this capital increase, the company will become the largest shareholder of Lectra Rubber & Plastics, and will merge its financial and accounting statements in accordance with relevant regulations to increase the company's main business income. At the same time, with the existing military product supply qualification of Lectra Rubber and the market channel advantages of the One Machine Group, the full-scale cooperation with the One Machine Group can not only expand the actual business of new materials, but also expand the company's special engineering plastics, damping materials, etc. Sales of other products.
About the new material of the times:
The company is mainly engaged in research and development, production, sales and service of three series of products: vibration damping and noise reduction products, polymer composite modified materials, special coatings and new insulating materials. The products are widely used in railways, urban rail transit, automobiles, and construction machinery. , industrial equipment, military, chemical and other industries.
Trailers: ATV Trailer , Utility Trailer , Box Trailer , Watercraft Trailer, Snowmobile Trailer, Car Trailer , etc.
Trailer Parts & Trailer Accessories: Hitch Ball , Ball Mounts, Trailer Coupler, Trailer Jack, Winch, Wheel Hub, Trailer Light, Pan Fitting, Tie Down, etc.
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Times New Materials has signed a capital increase and share expansion agreement with Inner Mongolia Yiji Group and Qingdao Kaishi