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Wanhua Chemical and Baowu Water Technology Co., Ltd. signed a strategic cooperation agreement to jointly develop and promote the application of membrane materials in the steel and chemical industries.
Wanhua Chemical and Baowu Water signed a strategic cooperation agreement to jointly develop and promote the comprehensive application of membrane materials in steel, chemical and other industries.
Chongqing Steel and seven other Baowu Group affiliates will contribute their water treatment system assets worth CNY 1.009 billion to Baowu Water Technology Co., Ltd. in exchange for equity. Chongqing Steel's share is CNY 60.68 million for a 1.339% stake.