Yonghe Co., Ltd.: Wholly-owned subsidiary invests 1.91B yuan in constructing Shaowu Yonghe Fluorine Materials and Pilot Base Project

Yonghe Co., Ltd. announced that its wholly owned subsidiary, Shaowu Yonghe Jintang New Materials Co., Ltd., plans to invest 1.914 billion yuan to build the Shaowu Yonghe Fluorine Materials and Pilot Base Project, with an expected construction period of 60 months. The main contents of the project include adding 400 mu of land, constructing various fluorine material facilities, and supporting facilities such as an R&D pilot base. The project funding will come from the company’s own funds and bank loans.
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