Ruichen Environmental Protection announced that the company plans to jointly invest with Beijing Silicon Porcelain New Energy Technology Co., Ltd. and Wang Hanze to establish a joint venture with a registered capital of 45 million yuan. The company has pledged 2.05 million yuan, accounting for 45% of the shares; Wang Hanze is the secretary of the company's board of directors, and this transaction forms a related transaction. The matter has been reviewed and approved by the company's board of directors and does not need to be submitted to the shareholders' meeting for consideration.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.