$SINC Sincerity Applied Materials Holdings Corp ma
Post# of 102772
Sincerity Applied Materials Holdings Corp (OTC Pink: SINC) announces that SINC has entered into a definitive supplying agreement with a domestic fruit grower that was fully owned by Nongfu Spring (HKG:9633), via SINC's prospective subsidiary Simcor (Jiangsu) Materials Technology Ltd (SMTL).
The VentaMax Breathable stretch combines the fundamental qualities of a highly ventilated film with uncompromising machine grade stretch performance. SINC initiated the R&D of this product line since late 2018, and SINC is now the only manufacturer and supplier in China. SINC developed its fully automated ventilated stretch production line as a side product for the ventilated film.
Check out VentaMax Breathable Film in action with "Minions" wrapping robot,
https://youtu.be/lYwcEF3wfrM
Check out VentaMax Breathable Film in action with hand wrapping,
https://youtu.be/PbDuRiUwll8
Check out VentaMax state of the art production,
https://youtu.be/EUzezZAewdw
"It has the strongest strings we've ever put in a ventilated stretch, precisely designed ventilation holes. This yields a remarkably strong, high air flow wrapping". In announcing these breakthroughs, CEO of the Company, James Zhang commented above.
About SIMCOR
SMTL is a high-tech manufacturer specializes in research, development, and the production of performance engineering plastic resins, alloys, plastic sheets and thermoformed plastics. SINC has entered into a definitive acquisition agreement with Simcor (Jiangsu) Materials Technology Ltd (SMTL), the 7 million USD transaction is expected to be closed before the end of Q1, 2022.
About Welcoming Support from Changzhou, Jiangsu, China
Changzhou Local Authorities welcomes SINC with following Gov support policies,
3-year free land & office lease
3-year Company Income Tax Exemption
1-year high executive (3ppl) personal tax exemption
SINC has entered into a definitive agreement with Changzhou Local authorities to have its world's R&D & production centre in the China-Israel Changzhou Innovation Centre.
https://finance.yahoo.com/news/sincerity-appl...00344.html