WCE plans to invest 1.1 million yuan to establish a joint venture company to engage in sustainable aviation fuel-related businesses
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WCE plans to jointly invest with Diao Yuxiang and Shanghai Carbon Life Technology Co., Ltd. to establish a joint venture company with a registered capital of 5 million yuan, of which WCE will contribute 1.1 million yuan, accounting for 22%. The joint venture will focus on the manufacturing processes, technologies, and equipment for sustainable aviation fuel, aiming to reduce production costs through technological innovation and promote the market application of sustainable aviation fuel
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