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The relationship between Xinmeida and MasterCard

Parent-subsidiary relationship. According to the inquiry of official website of Xinmeida, the company was established in 1978, which is a wholly-owned subsidiary of MasterCard, located in Shandong Boxing Economic Development Zone, and has a parent-subsidiary relationship with MasterCard. MasterCard is a technology company, established on April 23rd, 1969, located in the 1st Ring Road, Wuhou District, Chengdu. Its main products include zirconia ceramic wire drawing traction, cemented carbide cone wheel, ceramic raw materials, ceramic coatings, piezoelectric ceramics and so on.