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Xining Special Steel invests in setting up a technology company

Xining Special Steel invests in setting up a technology company

Qinghai Xigang Recycling Technology Co., Ltd., a wholly owned subsidiary of Chinese steel manufacturer Xining Special Steel based in Qinghai Province, was founded on July 21, its legal representative is Wu Guocheng, the authorized capital is 30 million yuan (4.4 million dollars). The company's field of activity includes the processing of renewable resources, the sale of renewable resources, productive scrap metal recycling, metal waste and scrap recycling, as well as solid waste management, etc..

The purpose of establishing Qinghai Xigang Recycling Technology is to facilitate the parent company's transition to green technology and its modernization, as well as optimize resource allocation.

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