Nanjing Julong: plans to invest 110 million yuan to build a 60,000-ton annual output modified plastic production line construction project.

Nanjing Julong Announcement: To further expand the market in southern China, the company plans to establish a wholly-owned subsidiary in Huizhou City, Guangdong Province, investing 110 million yuan to build a production line for 60,000 tons of modified plastics annually. This investment will be implemented by Huizhou Julong New Materials Technology Co., Ltd., a wholly-owned subsidiary established by the company with a registered capital of 30 million yuan. The project is expected to be completed in a 3-year period. After the project is put into operation, it will help the company to better serve customers in southern China, improve market response speed and overall competitiveness, and enhance its strategic layout.