KraussMaffei shares available in China

摘要

Shanghai,China-Shares in German polyurethane machinery maker KraussMaffei are now available on the Shanghai stock exchange,giving Chinese investors access to the company. ChemChina is the majority owner of Krauss Maffei. The company has transferred its stake in KraussMaffei to its majority-owned subsidiary Qiungdao Tianhua Institute of Chemistry Engineering. Quingdao Tianhua is listed in Shanghai. KraussMaffei said the access to Chinese capital will help it to grow faster in the future.’We are expanding our product portfolio with new machinery series for volume markets and broadening our digital services business,’said Frank Stieler,KM's CEO.’We are rapidly advancing local business models,especially in China.’