Elite Color Environmental Resources Leases Workshop From Unit for 150 Million Yuan
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Elite Color Environmental Resources Science and Technology has agreed to lease a workshop from its unit, Jiangsu Hengze Composite Materials Technology, for 150 million yuan over three years. The workshop, located in Jiangyin City, China, produces 80,000 tons of functional composite special fiber annually and spans 39,704.57 square meters, featuring two production lines and two post-processing trial lines. The lease will commence on June 1, 2023, and end on May 31, 2028.
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