Shanghai Sinyang Invested 2 million US Dollars to Set up a Wholly-Owned Subsidiary in Korea

    Shanghai Sinyang released an announcement on the evening of August 2. In order to seek further development in business scope and product application fields for the market of panel displays, the company decided to set up a wholly-owned subsidiary in South Korea to develop black photoresist for panel display. The name of the subsidiary is tentatively designated as Sinyang (Korea) Semiconductor Materials Co., Ltd. (the final name is subject to the actual industrial and commercial registration), with a registered capital of 2 million US dollars.