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China Coatings Network
: Shanghai Jinlitai Chemical Co., Ltd. announced that the joint venture asstate-Jinlitai
Coatings
Co., Ltd. has completed the registration procedures for industry and commerce.
Shanghai Jinlitai Chemical Co., Ltd. ("Jin Litai" or "Company") held its 10th meeting of the 6th Board of Directors on January 12, 2015, at which it considered and approved the Bill on the Establishment of Joint Ventures using Part of the Over-Funded Investment, agreeing to the Company's use of the Superfund 30.06 million yuan and Axisa CoatingSystems Ltd. ("Axd") subsidiary Axalta Communications Singapore Holding Pte.Ltd. ("Asda Singapore") co-invests in the establishment of a joint venture, Astain-King Litai Coatings Co., Ltd. (the "Joint Venture"), which is primarily engaged in the commercial truck industry
painting
and the wholesale, import, export and commission agents (except auctions) of paint products, and provides after-sales service and technical support related to the above products.
Recently, the joint venture has completed the registration procedures for industry and commerce, and received the Shanghai Municipal Administration for Industry and Commerce issued the "Business License", the registration of the relevant information as follows:
name: Shanghai Este Jinlitai Coatings Co., Ltd.
type: limited liability company (Chinese-foreign joint venture)
residence: Shanghai Fengxian District, 215 United North Road, 3 room 1098
legal representative: Wu Guozheng
registered capital : 6000.00 million yuan
Established: April 8, 2015
Business Period: April 8, 2015 to April 7, 2025
Business scope:
water-based coatings
(except paints, dangerous goods) wholesale, import and export, commission agent (except auction), and related ancillary services. (If it does not involve state-owned trade management commodities and involves quotas or permits for the management of commodities, the application shall be handled in accordance with the relevant provisions of the State).) Projects that are subject to approval in accordance with the law may only be carried out with the approval of the relevant departments.