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Stick: Intends to Invest 565 Million Yuan in a High-End MLCC Release Film Initiative, Projected to Yield 1.2 Billion Square Meters Annually
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Author：小编
Stick (300806.SZ) has disclosed that its wholly-owned entity, Stick New Materials (Jiangsu) Co., Ltd., is set to allocate 565 million yuan towards the establishment of a premier MLCC release film project in the Sihong Economic Development Zone. This project is designed to produce 1.2 billion square meters of high-end MLCC release films each year. Its primary objective is to enhance production capabilities for mid-to-high-end and ultra-high-end MLCC release films, with a construction timeline spanning one year. The initiative seeks to overcome limitations in production capacity, refine the product portfolio, and bolster the market presence of high-end offerings.
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