Boshen Co., Ltd. announced on August 4 that the company plans to jointly invest and establish a joint venture with Shandong Wanchangshun Environmental Technology Co., Ltd., and the company will invest 140 million yuan to hold 70% of the shares. After the establishment of the joint venture, it will purchase the operating assets of Wan Changshun and its related enterprises in cash, undertake their original production capacity, customers and technical resources, and carry out business related to anticorrosive insulation pipelines.

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