kastkingsharkylll| Kangpeng Technology: It does not directly participate in the R & D and production process of Shanghai Zhongke Kangrun and does not produce lubricant base oil products

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[Kangpeng Technologykastkingsharkylll: Not directly involved in Shanghai Zhongke KangrunkastkingsharkylllR & D and production process and does not produce lubricant base oil products] Securities Times e Company News, Kangpeng Technology (688602) issued a change announcement on the evening of May 22. The company is concerned that platforms such as Stock Bar are related to the shareholding company Shanghai Zhongke Kangrun.kastkingsharkylll.kastkingsharkylll..

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[Kangpeng Technology: Does not directly participate in the R & D and production process of Shanghai Zhongke Kangrun and does not produce lubricant base oil products] Securities Times e Company News, Kangpeng Technology (688602) issued a change announcement on the evening of May 22. The company paid attention to stocks and other platforms. In order to avoid misleading investors, the company explained the matters as follows: Kangpeng Technology subscribed a capital contribution of 45.134,502 million yuan and strategically invested in Shanghai Zhongke Kangrun, with an equity ratio of 31.4989%. The above investment is financial investment in nature. Kangpeng Technology does not directly participate in the R & D and production process of Shanghai Zhongke Kangrun and does not produce lubricant base oil products. Shanghai Zhongke Kangrun is a start-up company. Only the pilot test line of lubricant base oil products is in production. There is still great uncertainty in the future development, and the relevant research and development results do not belong to Kangpeng Technology.