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Jinhua New Materials: Wholly owned subsidiary signs an investment intention letter with Jiangsu Zhangjiagang Free Trade Zone Management Committee, planning fixed asset investment of 600 million yuan
Jinhua New Materials Announcement: The wholly-owned subsidiary Jiangsu Jinhua New Material Technology Co., Ltd. has signed an “Investment Intent Letter” with the Jiangsu Zhangjiagang Free Trade Zone Management Committee, intending to increase capital and expand the electronic and optical adhesive materials project in Jiangsu Yangtze River International Chemical Industrial Park. The project plans a fixed asset investment of 600 million yuan, with a total land area of 85 acres, mainly engaged in the research, development, and production of various electronic and optical material products. The land transfer price will not exceed 500k yuan RMB per acre.