Tongji Lixing stated that the purpose of setting up this wholly-owned subsidiary is to comply with the company's strategic development requirements, and to further expand the packaging business of cosmetic cosmetics bottles with the company's technological advantages in the field of cosmetic bottle packaging, and provide a platform for companies to get involved in cosmetics R&D and production. Its establishment will speed up the company's industrial chain extension, provide customers with in-depth services, optimize the company's product structure and bring positive impact.
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Tongji Lixing held the 29th meeting of the first board of directors. The meeting passed the "Proposal on Establishing Shenzhen Xinglitong Technology Co., Ltd.". Tongxing Lixing invested RMB 10 million in its own capital and established a wholly-owned subsidiary, Shenzhen Xinglitong Technology Co., Ltd.