Platinum new materials: plans to invest about 1 billion yuan to build a production base of high-end alloy soft magnetic materials

The company and the management committee recently signed a "Project Cooperation Agreement". In accordance with the provisions of the contract Law of the people's Republic of China and other relevant laws and administrative regulations, and in line with the principles of equality, voluntariness, fairness and good faith, after friendly consultation, the company plans to invest about 1 billion yuan to invest in the construction of high-end alloy soft magnetic material production base in Heyuan Jiangdong New area in two phases. This agreement only represents the intention of cooperation between the two parties. In the process of formal implementation and promotion, the company will carry out the relevant examination and approval procedures in strict accordance with the relevant laws, regulations and articles of association according to the actual situation of the project.