Taijia shares recently issued an announcement, said: the company in order to expand the business layout, plans to use its own funds to the wholly-owned subsidiary Taijia new material(Hong Kong)Limited company capital increase2,900RMB 10,000 yuan, and will set up related subsidiary companies through Hong Kong Taijia for foreign investment. Taijia Stock is committed to the research and development of sawing materials, sawing products, sawing technology and sawing equipment, covering front-end consulting, trial cutting, production, sales, after-sales, after-market services and other processes, helping Chinese manufacturing to reach the high-end and serve the world.

Huanze's point of view: This time, Taijia shares increase the capital for Hong Kong Taijia is to make foreign investment through Hong Kong Taijia and meet the capital needs of Hong Kong Taijia's foreign investment and business development. In addition, it also helps the company to further expand overseas markets and strengthen the construction of overseas business platform. This investment is in line with the company's strategic planning and long-term development goals. After the realization of capital increase and foreign investment, the overall competitiveness of the company will be strengthened.

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