On the evening of the 25th, Hongli Zhihui (hereinafter referred to as “the companyâ€) issued an announcement. The company held the 16th meeting of the third board of directors, reviewed and approved the “Proposal on Agreeing the Investment Intention of the Subsidiary Projectâ€, and agreed to the subsidiary Dongguan City. Liangyou Hardware Products Co., Ltd. (hereinafter referred to as “Liangyou Hardwareâ€) and Dongguan Jincai Hardware Co., Ltd. invested RMB 500 million in the Liangyou Electronic Project in Dalingshan Pangshan Industrial Park, Dongguan City.
Recently, Liangyou Hardware signed the “Contract for the Use of State-Owned Construction Land Use Rights†with the land and resources of Dongguan City (contract number: Dongguo Tushang (Market) [2017] No. 073). The transaction is a bid for the use of state-owned construction land, does not constitute a connected transaction, and does not constitute a major asset restructuring act as stipulated in the Measures for the Administration of Major Asset Restructuring of Listed Companies. After Liangyou Hardware obtained the above-mentioned right to use state-owned construction land, it can improve the layout of Liangyou hardware and gold hardware production workshops, improve management efficiency, further enhance the company's overall competitiveness, and achieve sustainable and healthy development of the company.
Investment Casting, also known as lost wax casting, includes wax pressing, wax repairing, tree formation, paste, wax melting, casting metal liquid and post-treatment processes. Lost wax casting is the process of making a wax mold of the part to be cast, and then coating the wax mold with mud. After the clay mold is dried, melt the wax mold inside in hot water. Melt the wax mold out of the clay mold and then roast into pottery mold. Once roasted. Generally, a casting port is left when the mold is made, and then molten metal is poured into the pouring port. After cooling, the required parts are made.
Investment Casting,Lost Wax Casting,Steel Investment Casting,Stainless Steel Investment Casting
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