Hengxin Life: Plans to invest 505 million yuan to build a green degradable product production base project.
Announcement of Hengxin Life: The company held the seventh meeting of the second board of directors on July 26, 2025, and approved the "Proposal on the Intended Purchase of Land Use Rights and Investment in Construction Projects". The Company and/or its subsidiaries intend to invest in the construction of a green and biodegradable products production base project in Changfeng County, Hefei City, Anhui Province, using their own funds, bank loans, or other financing methods, with a total investment of not more than 505 million yuan. The project will be used to build a green and biodegradable products production base to meet the needs of the company's actual business development, improve the industrial layout and product structure, expand business scale, meet customer demand for green and biodegradable products, increase the production capacity of advantageous products, enhance the overall strength of the company, and meet the needs of the company's strategic planning and business development.
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