Is Nantong Ruixiang New Material Co., Ltd. a state-owned enterprise?

Nantong Ruixiang New Materials Co., Ltd. is a state-owned enterprise.

Nantong Ruixiang New Materials Co., Ltd. was established in Nantong in 2006, covering an area of more than 200 mu with a registered capital of 9 million US dollars. Is a large modern enterprise specializing in the research, development, production and sales of battery-grade cobalt series front-end high-tech products. The company is located in Nantong * Economic and Technological Development Zone, and is responsible for the recruitment, training and management of Nantong Jiubao New Materials Co., Ltd. and Nantong Oxide New Materials Co., Ltd. Nantong Jiubao New Materials Co., Ltd. is a cobalt product processing enterprise jointly funded by Hunan Ruixiang New Materials Co., Ltd., Hong Kong Xinsheng International Group and Ruixiang (Hong Kong) Industrial Co., Ltd., which was established on April 5, 2005. The company was established in Nantong Economic and Technological Development Zone in 2005 and covers an area. The main products of the company are cobalt chloride and cobalt sulfate. The company has advanced production technology, sophisticated equipment, perfect detection means and equipment, and perfect quality assurance system and management system. In June 2006, it passed the ISO900 1 quality system and ISO 1400 1 environmental system certification. The stability of the product is good, and each index reaches * level. At present, the production capacity has reached the scale of annual output 1000 tons (metal quantity).