Shuangxin Materials: Agrees to the company's investment of 996 million yuan to implement the construction of an annual production of 16k tons of high-barrier resin project

Shuangxin Materials Announcement: The company’s 19th meeting of the sixth board of directors held on April 1, 2026, reviewed and approved the “Proposal for the Construction of an Annual Production Capacity of 16k Tons of High-Barrier Resin Project,” and agreed that the company will invest 996 million yuan to implement the construction of the 16k-ton high-barrier resin project. The total planned investment for the project is 996 million yuan, including: 970 million yuan for construction investment, 18 million yuan for construction funding arrangements, and 8 million yuan for initial working capital; the aforementioned funds will be self-raised by the company 498 million yuan, bank loans of 498 million yuan, with the final investment amount subject to the actual project construction input; the project construction period is expected to be 3 years.