4numbersandpowerball| Changqing Technology: Plans to invest in building a new polymer material production base in Taizhou City

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7
2024-05-15
News summary [Changqing Technology4numbersandpowerball: Plans to invest in building a new polymer material production ba...

News summary

[Changqing Technology4numbersandpowerball: Plans to invest in building a new polymer material production base in Taizhou City] Securities Times e Company News, Changqing Technology (603125) announced on the evening of May 15 that the company plans to invest and build polymers in Gaogang District of Taizhou City through its wholly-owned subsidiary Jiangsu Changqingshu New Materials Technology (Taizhou) Co., Ltd.4numbersandpowerball...

4numbersandpowerball| Changqing Technology: Plans to invest in building a new polymer material production base in Taizhou City

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[Changqing Technology: Plans to invest in building a new polymer material production base in Taizhou City] Securities Times e Company News, Changqing Technology (603125) announced on the evening of May 15 that the company plans to invest and build a new polymer material production base in Gaogang District of Taizhou City through its wholly-owned subsidiary Jiangsu Changqing Tree New Materials Technology (Taizhou) Co., Ltd.(referred to as the "Taizhou Production Base"), laying a solid foundation for the company's future sustainable development. The Taizhou Production Base project has a planned long-term investment of approximately 10 billion yuan and will be implemented in three phases. The initially planned investment amount of the first phase of the project is about 3 billion yuan. There is no clear investment plan for the second and third phases of the project. If there is any follow-up progress, review and information disclosure procedures will be implemented separately.

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