Wuzhou Special Paper Group announced that its wholly-owned subsidiary, Jiujiang Chengyu Logistics Co., Ltd., needs to increase the investment amount due to additional construction content, as well as actual exploration and on-site progress during the Construction process. Accordingly, it plans to add an investment of 442.2452 million yuan for the public dock project. The total investment of this project amounts to 865.9878 million yuan. The company's Jiangxi base is located in an important area for the development of the riverine port industry. With the full completion of various paper-making and chemical pulp production lines in the Jiangxi base, the logistics throughput will increase simultaneously. Utilizing waterway Transportation and self-built docks can reduce the company's logistics costs and achieve the goal of cost reduction and efficiency enhancement.
五洲特纸:全资子公司追加投资建设九江港湖口港区银砂湾作业区公用码头工程
Wuzhou Special Paper Group: The wholly-owned subsidiary has added investment for the construction of the public dock project at the Yanshawan operating area in the Jiujiang Port, Hukou District.
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