Announcement from JuJiao Co., Ltd. (301283.SZ), the board of directors and the supervisory board of the company have approved the "Proposal to Suspend the Mexican Production Base Project and Adjust the Project Funding Arrangement", resolving to suspend the construction of the adhesive hot melt product production base project in Mexico, and adjust the use arrangement of the over-raised funds, which amounts to 0.173 billion yuan.
According to the Zhijing Finance APP, the board of directors and the supervisory board of JuJiao Co., Ltd. (301283.SZ) have approved the "Proposal to Suspend the Mexican Production Base Project and Adjust the Project Funding Arrangement", agreeing to suspend the construction of the adhesive hot melt product production base project in Mexico, and adjust the use arrangement of the over-raised funds, which amounts to 0.173 billion yuan.