Zhenstone Co., Ltd.: Four fundraising investment projects postponed until September 2027
Zhenshi Group announced that the company will hold the second meeting of the second board of directors on August 17, 2026, to review and approve the proposal for extending the fundraising investment projects. Without changing the investment content, scale, or implementation subjects of the fundraising projects, the expected usable status dates for the glass fiber product production base construction project, the composite materials production base construction project, the research and development center and information technology construction project, and the Spain production construction project will be adjusted from September 2026 to September 2027. As of June 30, 2026, the company has cumulatively invested a total of 1.686 billion yuan into the aforementioned fundraising projects, and the overall investment progress is consistent with the characteristics of the current construction phase. This postponement does not change the purpose of the raised funds and does not affect the normal advancement of the fundraising plan.
Latest

