Zhongsheng Hi-Tech announced that the company previously planned to invest 20 million yuan in physical and cash to establish a wholly-owned subsidiary, Fujian Shenghao New Materials Co., Ltd., and invest in the construction of new polymer materials projects. Recently, the subsidiary has completed industrial and commercial registration procedures and obtained a business license. The registered capital is 20 million yuan. The date of establishment is August 14, 2026.

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