YCHH New Material Technology Co., Ltd. has a registered capital of RMB 100 million. The two parties invested in cash, of which the company contributed 20 million yuan, and the shareholding ratio was 20%.
Its business scope includes: research and development, production, sales and import and export of electronic grade barium hydroxide, electronic grade barium carbonate, electronic grade barium chloride, electronic grade barium sulfate, electronic grade calcium chloride, electronic grade titanium dioxide and environmental protection chemical products. . The final scope is subject to the approval of the industry and commerce administration.
The company said that with the continued strong market demand for MLCC (multilayer ceramic capacitors), the company's electronic ceramic products are currently in a market situation where demand exceeds supply. In order to ensure the supply chain of raw materials, we have reached strategic cooperation with major raw material suppliers. The purpose is to further enhance the integration of the upstream and downstream industrial chains, give full play to the advantages and resources of the two parties in their respective fields, further expand the company's business scale, and ensure the company's raw material advantages. Enhance the competitiveness of the company's electronic ceramic powder materials in the global market.