According to the Tianyancha App, recently, Shandong Haihua New Material Technology Development Co., Ltd. was established. The legal representative is Yan Zhikun, with a registered capital of 100 million yuan. The business scope includes research and development of new material technology, chemical product production, chemical product sales, etc. According to shareholder information, the company is wholly owned by Shandong Haihua Group Co., Ltd.

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