Zhuzhou Times New Material Technology Co., Ltd. decided to increase investment by RMB 6.3 Million Yuan to its subsidiary Inner Mongolia First Machinery Group LIKE Rubber & Plastic Co., Ltd. on December 22, 2015 to solve the capital insufficiency on new plant construction and technolog- ical renovation, which would also help LIKE Rubber & Plastic to expand the market and improve the overall profitability.

LIKE Rubber & Plastic mainly engages in various kinds of military and civil vehicle rubber products, vehicle interiors, solid tires, track-type vehicle rubber crawler boards, rubber track link pins, various kinds of shock-absorbing rubber products, rubber sheet lining of ball mill, seal rings used for large-scale water transmission pipeline, sponge rubber sheet and products, plastic products, etc. It achieved the operation revenue of 135 Million Yuan and net profit of 535.8 Thousand Yuan in 2014.