Jinfu Technology (300128.SZ) subsidiary plans to invest in the construction of JF New Materials Phase I Eastern Production Base to expand production capacity layout.

China Finance App News, Jin Fu Technology (300128.SZ) announced that its wholly-owned subsidiary Shanghai Jin Jin Fu New Materials Technology Co., Ltd. (referred to as "Jin Fu") intends to sign a "Project Investment Agreement" with Shanghai Jinshan Second Industrial Zone Investment Co., Ltd. (referred to as "Jinshan Second Industrial Investment Company"). Jin Fu plans to invest in the construction of the "JF New Materials Phase I East Production Base" project in the Carbon Valley Green Bay Industrial Park in Jinshan District, Shanghai.