China Shipping Special Gas: it is proposed to set up a wholly-owned subsidiary with 160 million yuan and obtain a business license.

[China Shipping Special Gas: plans to set up a wholly-owned subsidiary and obtain a business license at 160 million yuan] China Shipping Special Gas announced that it intends to set up a wholly-owned subsidiary China Shipping Parry Special Gas (Shanghai) Co., Ltd. and intends to use it as the main body of the production and R & D project of electronic special gas and advanced materials. Recently, Zhongchuan Pailui Special Gas (Shanghai) Co., Ltd. has completed the industrial and commercial registration procedures and obtained the business license issued by Shanghai Jinshan District Market Supervision Bureau.