Chenguang Xingcai signed with the people's Government of Hukou County to invest in the construction of "135000 tons of new silicon-based materials and 25000 tons of titanium and cobalt-based new materials project".

Published: Jan 26, 2022 16:27
[Chenguang New material signed with the people's Government of Hukou County to invest in the construction of "135000 tons of new silicon-based materials and 25000 tons of titanium and cobalt-based new materials project") Chenguang New Materials issued a notice saying that in order to further meet the needs of the company's business development and improve the company's competitiveness, The board of directors agreed to sign a contract with the people's Government of Hukou County to invest in the construction of 135000 tons of new silicon-based materials and 25000 tons of titanium-based new materials (provisional name, final name subject to the record in the development and reform department). The total investment amount of the project is about 3 billion yuan.

Chenguang Xincai issued a notice saying that in order to further meet the needs of the company's business development and improve the company's competitiveness, the board of directors agreed to sign with the people's Government of Hukou County to invest in the construction of "135000 tons of new silicon-based materials and 25000 tons of titanium and cobalt-based new materials project" (provisional name, the final name is subject to the record in the development and reform department) contract, the total investment amount of the project is about 3 billion yuan (provisional amount, Specifically subject to the investment agreement signed between the company and the government where the project is located); It is agreed to plan to build a production workshop and purchase production equipment, mainly producing new silicon-based materials and titanium and cobalt-based new materials in the Hukou County High-tech Industrial Park plate, with a total land area of about 319 mu (whichever is subject to actual measurement). It is agreed to authorize the management of the company to handle follow-up matters related to project investment and construction within the total project investment and construction permission.

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