HuaWang Technology

HuaWang Technology's subsidiary Ma'anshan HuaWang New Materials Technology signed an agreement with Ma'anshan Cihu High-tech Industrial Development Zone to invest CNY 2.5 billion in a 300,000-ton-per-year high-performance paper-based new materials project. The plant will produce food-grade paper, medical-grade paper, and industrial paper, built in two phases on 150 mu of land.