Inclusion of Wuxi Wanlai Technology as Subsidiary, Asset Proportion 26.14%
A subsidiary of China Crystal New Material Holdings, Jiangyin Youzi Trading Co., acquired 100% equity of Wuxi Wanlai Technology (graphene oxide R&D and sales) to include it as a subsidiary.
After inclusion, Wuxi Wanlai Technology's assets account for 26.14% of the parent's consolidated assets (assets 140,565M KRW, liabilities 130,441M KRW, equity 10,124M KRW).
Wuxi Wanlai Technology, established in March 2023 in China, has a high debt ratio of approximately 12.9 times.
The inclusion increases the number of subsidiaries from 8 to 9.
KOSDAQ Filing Information
Filing: Incorporation and Withdrawal of Subsidiaries of a Foreign Holding Company
Company: China Crystal New Material Holdings (900250)
Submission: China Crystal New Material Holdings Co., Ltd.