Signed! 6.2 billion! New chemical materials project!

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Jiujiang Shanshui Technology Co., Ltd. announced on the evening of June 16 that it has recently signed an Investment Framework Agreement with the Pengze County government to invest in the construction of a new chemical materials project. According to the announcement, the total investment in the project is around 6 billion yuan, with a land area of approximately 1,000 mu. It will mainly produce new material chemical products, and the construction period is expected to be 4 years; upon completion, it is anticipated to generate an annual output value of 8 billion yuan. Shanshui Technology stated that this investment is aimed at strengthening the company’s strategic presence in the field of new materials, advancing the research and development as well as production of chemical new materials, further expanding the scale of this business area, and enhancing the company’s overall competitiveness.