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Pengling shares: No business transactions with TSL at present, and the subsidiary supplies goods to Siles.
Jinshi data news on October 24th, Pengling shares stated during the reception of institutional investors on October 24th that as of now, the company has not conducted any business with TSL. Hebei Xin’ou, a wholly-owned subsidiary of the company, provides sealing-related components for Sales. In terms of strategic development, Pengling shares stated that the company chooses lateral expansion as the main direction, hoping to provide more high value-added product categories to existing customers, such as increasing other types of pipe products in other fields, to meet the diverse needs of customers.