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Gimpo Titanium: Wholly-owned subsidiary signs a leasing and operation cooperation agreement with Zhongyan Chuangxing, with a cooperation period of three years
Everyday Economic News AI Express, March 10 — Jinpu Titanium announced that its wholly owned subsidiary, Xuzhou Titanium Dioxide Chemical Co., Ltd., plans to collaborate with Jiangsu Zhongyan Chuangxing Material Technology Co., Ltd. on leasing operations using existing production lines. The partnership will last three years. During this period, if net profit is positive, both parties will share profits according to the agreed ratio; if net profit is negative, Zhongyan Chuangxing will bear all costs and losses alone. The two parties will sign a “Leasing Operation Cooperation Agreement.” On March 10, the company held the eighth meeting of the ninth board of directors to review and approve the relevant proposal.
Daily Economic News