Phoslock Environmental Technologies Limited (ASX: PET) announced that its 100% owned Chinese subsidiary has achieved National High-Tech Enterprise Status by the Government of Beijing.
- It added that this status defines a company, which is active in the high-tech space supported by the Government.
- For achieving this status, an enterprise must be involved in the development of independent intellectual property rights as well as predominantly engaged in transformational new technology.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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