Gelonghui May 17 丨 Ruihuatai (688323.SH) announcedtoday'sfreespinscoinmaster, plans to establish a joint venture with Kailing Chemical (Zhangjiagang) Co., Ltd.(referred to as "Kailing Chemical"). The registered capital of the joint venture company is RMB 2today'sfreespinscoinmaster, 0 million yuantoday'sfreespinscoinmasterAmong them, Ruihuatai plans to use its own funds to contribute 1today'sfreespinscoinmaster,0 million yuan, accounting for 50% of the total registered capital. Utilize the superior resources of all parties to jointly carry out special monomer research and development, material application research and technology reserve around cutting-edge materials fields including polyimide, coordinate and integrate R & D targets around the industrial chain, incubate high-quality new technology material projects, and empower both parties to develop new business in the future.