On August 29, Shandong Linglong Tire Co., Ltd. decided to set up a wholly-owned subsidiary to improve the scientific research efficiency on dandelion rubber and advance achievement conversion.
Located at Tongzhou District, Beijing City, the subsidiary is temporarily called “Linglong Dandelion Technology Development Co., Ltd.”. Its registered capital is planned to be no more than RMB 30 Million Yuan. Wang Feng, chairman of Linglong Tire, is its legal representative. Its business scope includes “planting and processing of dandelion and relevant services like technological development, information consultation, technological transfer and promotion, as well as import and export businesses of commodity and technologies”. In terms of specific industrial and commercial registration information, the final approval result of the Administration for Industry and Commerce shall prevail.
On April 24, 2015, with Beijing University of Chemical Technology taking the lead, Linglong Tire Co., Ltd. contributing capital, and units like Chinese Academy of Tropical Agricultural Sciences participating, the “Strategic Alliance for Technological Innovation in the Dandelion Rubber Industry” was founded. It concentrated 15 units with superior R&D strengths in relevant fields, building a platform for a coordinated industrial chain that combines production, study, research and application into one.
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