Hengshen New Materials announced that its wholly-owned subsidiary, Meda New Materials, plans to invest no more than 2.9 billion yuan to build a high-performance polyamide differentiated fiber intelligent manufacturing project in Xinhui District, Jiangmen city, Guangdong province. The project is expected to have an annual output of 0.08 million tons of differentiated nylon 6 filament and 0.02 million tons of differentiated nylon 66 filament, with trial production expected before 2027. The funds will come from the company's own or self-raised funds. The project aims to enhance the company's production technology and market competitiveness, in line with national industrial policies and has good market prospects.
恒申新材：拟投资不超过29亿元建设智能制造项目
Hengshen New Materials plans to invest no more than 2.9 billion yuan in building an intelligent manufacturing project.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.