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Luxi Group Joined Sinochem Group

Date:2020-06-30 Source:Sinochem Group

On June 15, Luxi Group completed the registration of modification , with Sinochem Group as the controlling shareholder of Luxi Group and the defacto controller of its listed company Luxi Chemical. Mr. Frank Ning, Chairman of Sinochem Group, became the Chairman of Luxi Group.

As a pillar of Sinochem Group in materials science, Luxi Group will further upgrade its industrial structure driven by  new chemical materials and high-end chemical equipment, and accelerate the transformation of old and new drivers to achieve high-quality and leapfrog development.