Mingtai Aluminum, a leading manufacturer of aluminum products in China, announced that it planned to invest RMB 10 million to set up a wholly-owned subsidiary in Zhengzhou, Henan province.
The new subsidiary will do the business covering aluminum plate/strip/foil, alloy plate, military, aerospace, automotive aluminum, scrap metal recycling, and so on.
According to Mingtai Aluminum, the investment was aimed to actively develop high value-added businesses and further raise the firm’s sustainable development and profitability.
Mingtai Aluminum to set up subsidiary to develop high value-added business
5 Nov 2019 10:51 reported by Joy Liu
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