The hottest Yushun Morgan jointly invested 10milli

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Yushun Morgan jointly invested 10million yuan to build a glass production base

on October 15, 2013, Yushun electronic announced that Chibi Yushun, a wholly-owned subsidiary of the company, plans to jointly invest 10million yuan with Hangzhou Morgan with its own funds to establish Hubei Haoyu Precision Technology Co., Ltd. Among them, Chibi Yushun plans to invest 6million yuan, accounting for 60% of the equity, and Hangzhou Morgan plans to invest 4million yuan, accounting for 40%. After the establishment of Hubei Haodan refilled with clean oil, it mainly produces precision electronic glass products, including precision electronic glass processing technology design, R & D and software, equipment design, R & D, manufacturing and sales

the company is mainly engaged in LCD module and touch display integrated products. After experiencing the low industry in 2012, the EU market gradually increased the requirements for goods packaging and quality scandals, the company accelerated its strategic adjustment. In addition to further improving the proportion of high margin products such as small and medium-sized capacitive touch screen and cover glass, it also actively improved the upstream and downstream industrial chain. Although the company's overall profitability of Jinmin new materials is weak at present, However, the operation has been gradually on the right track, and the market position has been gradually consolidated. This investment is mainly targeted at the electronic glass industry upstream of the company's touch display products, which is conducive to ensuring the company's raw material supply, while strictly controlling quality risks, in line with the company's industrial chain extension plan, and is expected to form a coordinated development with the company's main business. Zhonghua glass () Department

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