---
title: "SPM's subsidiary plans to invest 411 million yuan to construct a green new materials industrial park for precious metals in Yunnan Province, including factory buildings and supporting facilities (Phase I)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231213053.md"
description: "SPM's wholly-owned subsidiary plans to invest CNY 411 million in Yunnan Province to construct a green precious metal new materials industrial park factory and supporting facilities, with a project construction period of 2 years. The project aims to promote the development of the precious metal industry cluster, aligns with the national strategy for the development of new chemical materials, promotes regional economic development, and supports the company's green transformation and upgrading"
datetime: "2025-03-10T11:46:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231213053.md)
  - [en](https://longbridge.com/en/news/231213053.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231213053.md)
---

# SPM's subsidiary plans to invest 411 million yuan to construct a green new materials industrial park for precious metals in Yunnan Province, including factory buildings and supporting facilities (Phase I)

According to the Zhitong Finance APP, GuoYuan Platinum (600459.SH) announced that in order to further lead the development of the rare precious metal industry cluster in central Yunnan, strengthen the spatial layout and agglomeration effect of the precious metal industry, promote the implementation of the company's industrial regional layout strategy, and further expand and optimize the industrial chain, the wholly-owned subsidiary of its wholly-owned subsidiary, GuoYuan Chemical Green New Materials (Yunnan) Co., Ltd. (hereinafter referred to as "GuoYuan Green New Company"), plans to invest in the construction of a precious metal green new materials industrial park factory and supporting facilities project (Phase I) in the Lupan area of the Caopu Chemical Park, Anning Industrial Park, Kunming City, Yunnan Province, to create a new materials industrial base for precious metals. The total investment for the project is approximately 411 million yuan, with a construction period of 2 years.

This project aligns with the national strategic requirements to accelerate the development of strategic emerging industries in chemical new materials and promote the industrial chain towards high-end, intelligent, and green development. It aims to create a core carrier for external introduction and internal joint enterprises, facilitating the concentration of key industrialization projects in the park, laying a solid foundation for subsequent industrialization projects entering the park, providing soft and hard support guarantees, forming a significant "agglomeration effect," accelerating the industrialization process, and achieving leapfrog development of the regional economy. This project will create a unique precious metal green new materials industrial park in Yunnan Province, supporting the green transformation and upgrading of the company's precious metal chemical business, and establishing a first-class precious metal chemical new materials industrial base in China

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