On October 31, the signing ceremony of the Shanghai Jiangmao Technology Development Group Co., Ltd. and Shanghai Huaming High Technology (Group) Co., Ltd. Chizhou Superfine Powder Cooperation Project was held. Mr. Zhi Zhidong, Chairman of Orient Huifu Holding Group, Mr. Zhizhi Dong, Chairman of Huaming Hi-Tech (Group) Co., Ltd., and Mr. Xu Zhijian, Chairman of Shanghai Jiangmao Technology Development Group Co., Ltd. attended the meeting. The project established a coordination and leadership team to ensure that the preparations for the new company are completed by the end of November, and that the new company will officially start operation before the end of 2018.
There are abundant limestone minerals in Xiaohe Town, Shitai County, Anhui Province, which has good development prospects and potential economic value. Chuangyi Mining, a subsidiary of Jiangmao Technology, completed exploration in 2010 and obtained the mining right for the limestone deposit for the chemical industry of Quankeng Chemical. This has become a supporting mineral resource for Celtic Nanotechnology to build 300,000 tons of calcium carbonate series products.
Dongfang Huifu, the controlling shareholder of Shanghai Huaming Hi-Tech (Group) Co., Ltd., is a well-known equity investment institution in the country and has a wealth of investment layout and capital market operation capabilities in the field of new materials. With the signing of the contract, Shanghai Huaming Hi-Tech (Group) Co., Ltd. will participate in the investment, input of professional technology and management team in Chizhou Celtic Nano Technology Co., Ltd., and the National Superfine Powder Research Center Chizhou Branch will also Settled in Xiaohe Industrial Park.