Xinjiang Tianye: the annual production of 225,000 tons of high-performance resin raw material project has successfully established a complete process.

Xinjiang Tianye announced that the company has publicly issued convertible corporate bonds to raise funds for investment projects - the annual production of 225,000 tons of high-performance resin raw materials project, which has been constructed and implemented by its wholly-owned subsidiary, Xinjiang Tianye Huixiang New Materials Co., Ltd., and successfully completed the entire process to produce high-performance resin raw materials. However, it will still take some time for the project to reach full production, and there are uncertainties such as market changes, which may pose risks of benefits not meeting expectations.