Tahe Group (301665.SZ) plans to increase the total investment amount of the Egypt pesticide and functional chemicals project to no more than $271 million.

Zhtng Cijng APP news, Taihe Group (301665.SZ) announced that, in order to fully grasp market opportunities, optimize project integration layout, and enhance the company's long-term competitiveness and economic benefits, after careful study by the company, it is planned to increase the total investment of the Egyptian pesticides and functional chemicals project from the original not exceeding 150 million US dollars to not exceeding 271 million US dollars (approximately 1.929 billion yuan converted at an exchange rate of 1 US dollar to 7.1168 yuan).