Honghe Technology: plans to invest about 720 million yuan to build a high-performance glass fiber yarn production line project.

Honghe Technology announced on the evening of April 28th that the company plans to sign a project investment contract with the Tieshan District Government of Huangshi Economic Development Zone. The project involves the investment and construction of a "High Performance Glass Fiber Yarn Production Line Project" in Huangshi through its wholly-owned subsidiary, Huangshi Honghe Electronic Material Technology Co., Ltd. The total investment amount for the project is approximately 720 million yuan.