Samsung Electric will establish a wholly-owned subsidiary in Hong Kong

On August 6, Ningbo Samsung Electric Co., Ltd. issued an announcement to set up a wholly-owned subsidiary in Hong Kong.

Announcement: It is proposed to establish a wholly-owned subsidiary in Hong Kong Special Administrative Region (hereinafter referred to as "Hong Kong subsidiary") with its own funds, with a total investment not exceeding 10 million US dollars. It is mainly engaged in the procurement of spare parts, sales of overseas products and related industries. Investment, mergers and acquisitions, establishment of factories, etc. (Name and scope of business are subject to final registration).

Ningbo Samsung Electric Co., Ltd. is a holding subsidiary of Oaks Group. Since its inception, the “Samsung” brand has been developed together with China’s power metering business. It has now become a professional manufacturer of well-known electric energy metering products in China, and the market scale is among the domestic ones. Leading position and world leading level.

Molybdenum Rod

Molybdenum can increase steel`s corrosion resistance in the acid-based solutions and liquid metals, thus improve its wear resistance, hardenability, weldability, and heat resistance. As an element which easy to form carbides, molybdenum can effectively avoid oxidation during steel making process, and it can be used alone or mix with other alloy element to achieve the best performance.


A pure molybdenum rod is a cylindrical bar made entirely of molybdenum, a chemical element with the symbol Mo and atomic number 42. Molybdenum is a refractory metal known for its high melting point, excellent thermal conductivity, and resistance to corrosion. Pure molybdenum rods are commonly used in various applications, including the manufacturing of electrodes, heating elements, and high-temperature furnaces. They are also utilized in the aerospace, defense, and medical industries due to their exceptional mechanical and thermal properties.

High temperature smelting additives

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