---
title: "SPM's subsidiary plans to invest 384 million yuan to build a precious metal industrial catalyst commercialization project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244037934.md"
description: "SPM's holding subsidiary plans to invest 384 million yuan in Yunnan Province to construct a precious metal industrial catalyst industrialization project, with a construction period of 2 years. The project aims to enhance the production capacity of precious metal catalyst products, strengthen market competitiveness, align with the national development strategy for new chemical materials, and promote the high-quality development of the precious metal industry"
datetime: "2025-06-11T09:34:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244037934.md)
  - [en](https://longbridge.com/en/news/244037934.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244037934.md)
---

# SPM's subsidiary plans to invest 384 million yuan to build a precious metal industrial catalyst commercialization project

According to the announcement from GuoYuan Platinum Industry (600459.SH), in order to further implement the strategic deployment requirements for the high-quality development of the precious metals industry, enhance the production capacity scale of precious metal industrial catalyst products, strengthen business layout, and reinforce competitiveness in the field of precious metal industrial catalysts, the company's holding subsidiary GuoYuan Industrial Catalyst (Yunnan) Co., Ltd. (referred to as "GuoYuan Catalyst Company") plans to invest in the construction of a precious metal industrial catalyst industrialization project in the Caopu Chemical Park of Anning Industrial Park, Kunming City, Yunnan Province. The total investment for the project is 384 million yuan, with a construction period of 2 years.

The construction of the precious metal industrial catalyst project aligns with the national strategy to accelerate the development of strategic emerging industries in new chemical materials. Through strategic guidance and demand-driven approaches, it aims to further promote the integration of production and application, facilitate the high-quality development of core business areas in the precious metals industry, support the transformation and upgrading of the company's precious metal industrial catalyst business, and continuously develop towards high performance, multifunctionality, and greenness, thereby playing a positive supporting role in building a first-class domestic precious metal chemical new materials industrial base

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