At 14pm on June 29, 2018, wang zi xincai held the first interim shareholders' meeting of 2018, deliberated and approved the major asset restructuring proposal of wang wang xincai's proposed acquisition of 51% shares of chongqing fuyida, marking that chongqing fuyida officially joined the prince's family.

Wang Zixin material is mainly engaged in plastic packaging research and development, design, production and sales, chongqing fu yi da is a professional engaged in the professional company of EPS foam packaging and paper packaging materials such as, the transaction Wang Zixin materials and rich esselte in strategy, management and sales channel and product research and development, etc, have good collaborative, after completion of the acquisition by integrating will fully implement the scale effect of one plus one is greater than two, for the future development of listed companies can play a good role in promoting.Wang Zixin material with chongqing fu yi da on productivity layout, the alignment of the stronger with our customers, after completion of the transaction will be beneficial to promote the national layout Wang Zixin material advantage, and relying on both sides of the customer resource advantages, one-stop supply advantages, further improve the whole scale advantage and profitability of Wang Zixin material, improve Wang Zixin material comprehensive competitiveness, new profit growth point for Wang Zixin material!