Hongwei Wood Industry (Renhua) Corp was granted the title-“new and high technology enterprise” of Guangdong

By CnAgri2017-04-06 09:24:51 Print l  On March 17^th, Hongwei Asia (08191) announced that Hongwei Wood Industry (Renhua) Corp, its wholly-owned subsidiary, was granted the title-“new and high technology enterprise” of Guangdong which would be valid for 3 years. The company would enjoy preferential tax rate and subsidies as a new and high technology enterprise. Hongwei Asia was set up in May, 2012 and was listed on HK Exchanges on January 8th, 2014; the company mainly operates chipboard production and sales. Its output reached 268,000 cubic meters in 2015.