Jin'an International Approves 500 Million Yuan Investment in New Electronic-Grade Fiberglass Cloth Project
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Author:小编   

The board of directors of Jin'an International has approved a proposal to invest approximately 500 million yuan through its wholly-owned subsidiary, Anhui Jinrui Electronic Fiberglass Co., Ltd., located in Ningguo, Anhui Province. The investment will fund the construction of a new facility with an annual production capacity of 130 million meters of electronic-grade fiberglass cloth. The project will be financed through self-raised funds and is expected to take approximately 12 months to complete. Once operational, the project will help secure the supply of core raw materials and establish a stable supply chain system.