Blue Universe Corporation: plans to invest 500 million yuan to build a high-end digital inkjet printing equipment and supporting ink production base project in Jinwan District, Zhuhai City.

Blue Universe Corporation announcement, the company intends to sign a project investment agreement with the People's Government of Jinwan District, Zhuhai City. The plan is to invest in the construction of a high-end digital inkjet printing equipment and supporting ink production base project in Jinwan District, Zhuhai City through its wholly-owned subsidiary Zhuhai Blue Bay Inkjet Technology Co., Ltd. The total planned investment for the project is 500 million yuan, with funding coming from its own or self-raised funds. The project includes the research and development and manufacturing of high-end digital inkjet printing equipment and supporting ink. It is expected to start construction within 12 months from the date of land delivery, be completed within 24 months, and start production within 6 months.