Xinwei joint-stock company is a joint venture. The company can be traced back to Suzhou Xinwei Machinery Co., Ltd., which was jointly established by China Zhenghe Machinery Co., Ltd. and Xinwei Industry Co., Ltd. in 1997. After 13 years of arduous development, the industrial chain of Newway Group has involved many industries such as industrial valves, oilfield equipment, industrial materials, hardware trade, numerical control equipment and so on. Through advanced sap management, China Xinwei Group has realized the management structure of multi-factories, multi-business departments and multi-industries.
The Company converted the audited net assets of RMB 773,740,654,38+00,000 on September 30, 2009 into capital stock of RMB 700,000, and the remaining RMB 737,405,438+00,000 was included in the capital reserve. On June 5438+February 18, 2009, the company obtained the renewed Certificate of Approval for Overseas Chinese Investment Enterprises in People's Republic of China (PRC), Taiwan, Hong Kong and Macao, and completed the industrial and commercial change registration on February 30, 2009.